Infinite Banking With IUL Versus Whole Life

Some people say whole life insurance is way better than IULs while other people say the opposite. In this video, I'll share my thoughts on infinite banking with IUL vs whole life insurance and why one of them is so much better than the other.

To your abundance!
Doug Andrew

Key Moments In This Episode
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00:00 Intro & Summary
00:33 About Me
01:16 Two Types of Insurance
04:51 IUL vs Whole Life Insurance
09:42 Two Ways of Borrowing Money
14:12 Get My Book!

What To Watch Next
========================
Is Life Insurance A Bad Investment?

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How to Diversify and Create the Foundation for a Tax-Free Retirement

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[kub]

Thanks so much! I watch your channel daily. I'm a licensed insurance agent and this helps me a ton

[lawrenceethompsonjr]

Man are you reading my mail. I was looking into this all this week. Let’s Go

[doubleg]

I wish I would have discovered your channel sooner, your explanation are so simple to understand. Most other assume their audience already knows the terminology so they skip over stuff. I want to thank you

[clickma]

Great video! I Own your 3 Dimensional Wealth book from when it came out years ago! I will go to your web site...God Bless!

[rr]

Great stuff, thank you for your insight on IUL, learned much more about it's ideal use and potential, and definitely helped reinforce my overall knowledge about it!

[FreedomWealthTV]

Great video As always Doug. You mentioned that a Whole Life policy owner can borrow money at 2 % and receive 4%
I am not aware of any whole life companies that would allow that.
I agree we can receive positive gain ( arbitrage) with IUL'S as they are far superior when structured properly

[robertdoss]

Good info I’m looking at starting an iul hooked up to a trust fund. Talking to an agent now, most are not knowledgeable about this

[littlebookofajesusmarriage]

One big concern is that in a UL contract the monthly deduction or mortality cost is not guaranteed and can be raised to the maximum at a whim. That is what nobody talks about. You can run the guarantee or no lapse guarantees but then the policy will have zero accumulation.

[lisabernard]

So thrilled to watch this comparison from you, Doug. I was approved premium finance by both Allianz and National Life Group, however thinking of switching to wholelife because it could allow 90% immediate cash value loan for me to buy properties. On the contrary, with Premium Finance I won't have liquidity in the following 15 years. Even without premium finance, I was told bank will loan only 50% cash value to iul policy due to many uncertainty and non guarantee parts

[priyamd]

I do not think this product is available from Indian Insurance companies in India. But I need to check out. In here insurance mis-selling is a menace so it is hard to learn anything. Thanks, Liked and Subscribed.

[khalilantonio]

I don’t let anyone break this down but Doug Andrew ..he is makes it plain and simple … everything comes with a price … but everything that have a price may not have a benefit

[christopherbaione]

What about the specialized whole life policy that have a roll up deposit column that earns an additional 2% that you can stock much more capital in?

[clos]

Hey Doug I recently got my life/health license. Can you explain the difference between UL vs IUL? My company does not offer IUL.

[TheOpinionSports]

Can you please debate the guy from the life 180 channel?

[eugeniocabrera]

Hello Doug what do you think about F&G IUL?. Which one is the best IUL product in the market?. Thanks!.

[blisstherapy]

What about whole life with high early cash value dividend paying whole life vs IUL?

[robmartin]

Once talked with a Primerica agent who said to me that I was disguising a permanent policy for a DI policy...and that the waiver of premium rider is a total waste of Primerica agents are very incompetent and so stupid...unprofessional ameuters

[victorramos]

Excellent explanation of the difference in both but just one detail, at my best knowledge there is no companies that can pay more than 10% a year in an IUL, most of them move between bands of 0% when the index is negative and the 10% when the index is positive, that means that the insured in a negative year of index receive 0% guaranteed on the investment and in a positive year index that cross the line for more than 10% the client receive just 10% as maximum amount. That is why the illustrations just show a 6% as an average in the past 20 years.

[ramoslui]

It’s crazy I was just comparing the two for infinite banking myself today. Glad I’m thinking like Doug.

[cfcub]

How can I get in touch with you or someone who will get me started in this?