One of the most common questions I get during initial strategy sessions is: "Keith, should I go with Indexed Universal Life (IUL) or Whole Life?"

The answer, as with most things in financial planning, is: it depends on your goals. Both are powerful tools, but they serve different functions in a well-rounded wealth protection strategy.

The Whole Life Advantage: Guarantees & IBC

Whole life is the "old reliable" of the insurance world. It provides guaranteed growth, a guaranteed death benefit, and fixed premiums. If you are interested in the **Infinite Banking Concept (IBC)**, specifically engineered whole life is usually the tool of choice because of its non-direct recognition features and long-term stability.

The IUL Advantage: Market Potential & Flexibility

IUL, on the other hand, is for the client who wants a bit more "engine" in their growth. Because the returns are linked to a market index (with a floor that protects against losses), you can often see higher cash value accumulation during bull markets than you would with whole life.

Conclusion: The Hybrid Approach

For many of my high-net-worth clients, the answer isn't "one or the other"—it's both. We use Whole Life as the steady foundation and IUL as the growth vehicle. Together, they create a tax-efficient, generational wealth transfer system that is nearly impossible to beat.