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IUL Increasing vs. Level Death Benefit Explained
With IUL, an increasing death benefit adds your cash value to the original death benefit at the time of passing, which sounds appealing, but results in higher insurance costs as you age. With the level death benefit, the your cash value becomes part of your death benefit, which allows the insurance costs to decrease over time. For those focused ...
947 viewsNov 12, 2024
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