Is IUL insurance a good investment?

Because of caps on gains, participation rate limits, and internal policy costs, IUL cash value growth is typically more modest than direct stock market investing over the long run, especially after fees.

IUL can be a reasonable fit for someone who wants permanent coverage plus some market-linked upside with downside protection, but it's important to compare the real, cost-adjusted growth potential against other options with an agent or financial professional before deciding.