Whole life and universal life are both types of permanent life insurance, but there are key differences when it comes to cost, benefits and policy requirements. To help you learn about what sets them ...

These complex products tie cash value growth to the performance of an index, but it’s important to understand the limitations ...

What Is Universal Life Insurance? Universal life insurance offers permanent coverage with a unique twist—flexibility. Unlike other policies that lock you into fixed premiums and set death benefits, ...

We analyzed universal life insurance policy fees, cash value growth, the reliability of policy illustrations and more Written By Written by Insurance Senior Editor, Buy Side Amy Danise is the staff ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

Indexed universal life insurance offers flexibility in premium payments and the ability to adjust the death benefit. IUL policies include a minimum guaranteed crediting rate, or interest rate, which ...