Can you lose money in IUL?

Can you lose money in IUL?

Explaining Indexed Universal Life (IUL) Insurance Unlike investing directly in an index fund, however, you won’t lose money when the market has a downturn. This is because a guarantee applies to your principal, insuring it against losses. On the other hand, there’s usually a cap on the maximum return you can earn. Feb 10, 2022

See also  What is the difference between accidental death and term life insurance?