Understanding Indexed Universal Life (IUL) Insurance

There are a lot of different financial products out there. It’s important to understand exactly what they are, because when someone tries to sell you one they may not tell you everything you need to know about it. In today's episode, Paul spends time explaining Indexed Universal Life (IUL)—a life insurance product that lets you choose to allocate cash value amounts to either a fixed account or an equity index account.