It is true that dividends do not get credited to the IUL cash value. This is also true of any safe investment alternative suggested by most financial advisors. CDs, bonds, etc. do not offer a dividend payment. It is important to remember that IUL is used in the retirement income plan that we develop as a safe money alternative. It does not deliver a dividend, but is an asset that will deliver rates of return that have historically performed within 1% to 1.5% of major market indices.