When most people think of life insurance, they think of one thing: a payout when you die.

That’s it.

But what if your life insurance could also help you build wealth while you’re still alive?

That’s where an IUL comes in.

So… What Is an IUL?

An Indexed Universal Life (IUL) policy is a type of permanent life insurance — which means it lasts your entire life, not just 10 or 20 years like term insurance.

But here’s what makes it special:

It also builds a cash value that grows over time, based on the performance of a stock market index, like the S&P 500.

Sounds Risky? Not Really.

The cash value in your IUL isn’t directly invested in the stock market.

Instead, it’s linked to it. That means:

If the market goes up, your cash value can grow. If the market crashes? You’re protected. Most IULs have a 0% floor — so you never lose money due to market performance.

Tax-Free Growth? Yep.

Your cash value grows tax-deferred — and you can access it later tax-free through policy loans.

Many people use it as a retirement supplement, emergency fund, or even a down payment fund.

Let’s Look at a Simple Example

Let’s say you’re 30 years old and you put in $300/month.

By the time you’re 60, your policy may have grown to the point where you can withdraw $25,000+ per year — tax-free — while still keeping your life insurance coverage.

(Note: This is just an example — actual results depend on age, health, funding, and policy design.)

So Who Is an IUL Good For?

People who’ve maxed out their 401(k) or want tax-free income Families who want permanent life insurance coverage Business owners or self-employed individuals Anyone looking for a mix of protection + growth

Bottom Line:

An IUL is more than life insurance.

It’s a financial strategy that protects your loved ones while giving you a tax-advantaged way to build wealth — all in one plan.

Want to know if an IUL could work for you?

Feel free to DM me “IUL” on Instagram (@insurancewithspencer) or text “IUL” to 760-486-0147 for a free, personalized breakdown. No pressure — just clarity.