What Is Global Index Universal Life Insurance? 
It is a universal life product that credits interest based on the performance of stock indexes . You are not buying the actual stocks or stock index so there is no market loss exposure . In good years you get some of the upside but in down years you get either no interest credited or something low and guaranteed e.g. 1 % . Most indexed universal life products use the most common index , the S&P 500 . A few products have been developed recently using indexes from around the world such as S&P 500 , Dow Jones , EURO STOX 50 , Hang Seng . Some use a more complex approach which blends them in a formula . Some blended index approaches weight the blend taking 75 % of the best and 25 % of the second best of the three selected over a time period e.g. one year on the belief that results over time should be better than a single index approach . Others are a more static formula e.g. Dow Jones industrial Avg -LRB- 35 % -RRB- , Barclays capital U.S. Aggregate Bond Index -LRB- 35 % -RRB- , Euro Stoxx 50 Index -LRB- 20 % -RRB- , Russell 2000 Index -LRB- 10 % -RRB- . The bottom line is that global index products attempt to find ways to reliably credit higher interest over time using averaging or weighted averaging . While we like the idea of these global blended products , we have a bias towards simpler index products that clients can better understand . 