Editing Index Universal Life (IUL) (section)

== Frequently Asked Questions ==
'''1. Is the money in my IUL invested in the stock market?'''  No. Your cash value is not directly invested. It grows based on the performance of an index, with protection from losses.

'''2. Can I lose money in an IUL?'''  No. Most IULs have a floor of 0%, so in years where the index performs poorly, you earn nothing but don’t lose your principal.

'''3. When can I access the money?'''  You can access your policy’s cash value after it accumulates—usually after a few years—via policy loans or withdrawals.

'''4. Are policy loans taxable?'''  No, as long as the policy remains in force. Loans are tax-free but must be repaid to preserve the death benefit.

'''5. What happens if I stop paying premiums?'''  If your cash value is sufficient, it can cover premiums for a time. If not, the policy may lapse unless you resume payments.