Viewer Question: Indexed Universal Life Insurance vs Vanguard ETF

In today's episode, a Viewer had a Question: How can he position an Indexed Universal Life Insurance vs Vanguard ETF, for a potential client who doesn't see the value in an indexed universal life product? We go over possible approaches this agent can take when discussing insurance needs with his client.

Get free stocks for signing up on these two apps -
---------------------------------------------
Join our Wealthcare Wednesdays livestream. Live for one hour every Wednesday at 6pm. Join us to ask questions and win prizes.
Bring your questions about Infinite Banking, Dynamic Banking, and maximizing your cash flow.
Leave a voicemail message before the livestream for us to answer on-air:
---------------------------------------------
Get the books to help guide your financial journey:
Becoming Your Own Banker by Nelson Nash
The Retirement Miracle by Patrick Kelly

#indexeduniversallifeinsurance
#vanguardetf
#iul

View the transcript of this video here:
(coming soon)

[MrLouisorta]

I'm here from the original question posed in the IUL Video Part 1. Great answer without knowing much about the gentleman's situation. Sounds like he gets disability payments every month from injuries sustained in the military. Most he would be getting at 100% disability would be 4k/ month depending on how many dependents he has on file. Certainly, 4k/ month wouldn't be enough to pay for LTC cost. More than likely those funds have a purpose like a mortgage, college, or whatever habits. Also, once he passes away, those benefits stop. They do not pass to the next generation. From the video info you gave in iul part 1 it sounds like he could definitely some of those funds that are Tax-Free to fund an IUL for the Living benefit JUST IN CASE.

[lindaguo]

Do you think it is a necessary to add long term care to IUL policy? Thanks