Why IUL Is a Bad Investment
Many people searching for long-term financial products come across Indexed Universal Life insurance, commonly called IUL. This product combines life insurance with a cash value account linked to a market index. Sales presentations often highlight tax advantages, flexible premiums, and upside potential. However, many critics argue why IUL is a bad investment because the product can be expensive, complex, and less efficient than simpler alternatives. An IUL is first and foremost an insurance contract, not a pure investment account. That distinction matters because a portion of every premium may go…
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