What Is Global Index Universal Life Insurance? 
Global Index Universal Life Insurance is IUL that offers interest crediting based on an equity index strategy option that includes foreign stock market indexes in addition to US stock marked indexes . Non US indexes commonly used are the EuroSTOXX 50 Index -LRB- Western Europe -RRB- and the Hang Seng Index -LRB- Hong Kong -RRB- . Depending on the Global Index Universal Life product , it usually offers the choices of a fixed interest strategy , an indexed strategy , or a combination of the two . The features of IUL that attracts consumers is the potential to accumulate higher than normal cash values through their ability to take advantage of the upside potential of the market . Yet there is a 0 % floor that helps protect them against downside risks . 