Bonds and Mortgages

'Bonds and Mortgages' are types of investments. A bond is a promise by a company or government to pay back a loan with interest.

A mortgage, on the other hand, is a loan secured by real estate. Both these investments are important because they can earn you money over time. But, they also come with their own set of risks.

Now, let's talk about how these investments tie into Indexed Universal Life insurance (IUL). When you buy an IUL policy, the insurance company doesn't just hold onto your money. They invest it, often in bonds and mortgages.