IUL

SILVER SPRING, MD

Indexed Universal Life (IUL) is a type of life insurance policy that offers both a death benefit and a cash value component. The policy allows policyholders to allocate premiums to an index account, which is tied to a stock market index, such as the S&P 500. As the index rises, so does the cash value of the policy. However, if the index falls, the policy's cash value will not decrease below a certain level.

In Silver Spring, MD, IUL policies are offered by various insurance companies, including AIG, Nationwide, and Protective Life. These policies are popular among individuals who want both life insurance coverage and a way to accumulate cash value over time. IUL policies typically have lower premiums than traditional universal life policies, making them more affordable for some consumers.

One key advantage of IUL policies is their flexibility. Policyholders can adjust their premiums and death benefit amounts as their needs change over time. Additionally, the cash value of the policy can be used to pay premiums or be withdrawn or borrowed against, although this may reduce the death benefit if not repaid.

Overall, IUL policies can be a valuable financial tool for individuals looking for both life insurance coverage and a way to accumulate cash value. However, it is important to carefully consider the costs and benefits of these policies before making a decision.

IUL is a Uncategorized or General Museum in SILVER SPRING MD. US MID #8402400228

The museum is classed as GMU (Uncategorized or General Museums). It comes under American Alliance of Museums (AAM) region: Mid-Atlantic (District of Columbia, Delaware, Maryland, New Jersey, New York, Pennsylvania). Total revenue from most recent IRS 990 Form: $ 17,056 from tax period 201212 (YYYYMM).

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IUL SMITHVILLE SCHOOL MUSEUM AND EDUCATION CENTER
811 E RANDOLPH RD
SILVER SPRING
MD
20904-3213

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