Incredible Universal Index Life Insurance Ideas. Web indexed universal life is a form of permanent life insurance and like universal life, it allows for flexible premiums and possibly a flexible death benefit. Learn how it works and if it’s a good investment option for you in our guide.

The cash value is tied to a market index, allowing for potential growth. Web indexed universal life insurance (iul) is a type of permanent life insurance. Web indexed universal life (iul) insurance uses your premiums to pay for two features: