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Although life insurance products are primarily associated with death benefits, certain cash-value life insurance products like indexed universal life insurance (IUL)s can provide tax-free income during retirement.
Hybrid long-term care insurance offers long-term care coverage if needed or a death benefit if not used for care expenses.
In today’s economic climate, finding ways to outpace inflation is key. This is why investors are beginning to leverage indexed universal life insurance (IUL) policies, which are comparable to whole life insurance.