Some IUL procedures will prolong the maturity timeline Should the insured individual remains residing around the maturity day. In these cases, the plan pays the death advantage tax-free to beneficiaries when the insured man or woman dies. By Ashlee Valentine Facts provided on Forbes Advisor is for educational needs only. https://iul-life-insurance-compan62738.thechapblog.com/34799120/equity-indexed-life-insurance-fundamentals-explained