Life Insurance and annuities

 An Index Universal Life (IUL) insurance policy is a type of permanent life insurance that offers both a death benefit and a cash value component that grows based on a market index, like the S&P 500. It provides flexible premiums, tax-deferred growth, and the ability to access funds through policy loans. A key feature of IULs is living benefits, which allow policyholders to access a portion of the death benefit while still alive in the event of a critical, chronic, or terminal illness. 

 Using Index Universal Life (IUL) insurance to plan for college from infancy is a powerful strategy that offers both long-term savings and lifelong protection. As the policy's cash value grows tax-deferred, it can be accessed—tax-free—for college expenses such as tuition, housing, or books. 

 Annuities are financial products designed to provide a steady stream of income during retirement. Typically purchased through an insurance company, annuities allow you to invest a lump sum or make payments over time, with the promise of receiving regular payouts later—either for a set period or for life.