The 7 Dangers of Indexed Universal Life Insurance in 2022

The 7 Dangers of Indexed Universal Life Insurance in 2022. Indexed Universal Life Insurance is sold as a magical financial product that gives upside potential with downside protection. While they do offer those features to an extent, it is not nearly as dramatic as most IUL sales people would like you to believe.

🔎 Resources 👇

💥Set up a call to discuss your finances or life insurance business💥

🔔 SUBSCRIBE TO LIFE180 ON YOUTUBE 👇

🔔 JOIN THIS CHANNEL TO GET ACCESS TO PERKS 👇

Amazing tools to build your business:

📖 Chapter Timestamps Here ⏰
0:00 Intro to the 7 dangers of Indexed Universal Life Insurance
2:30 Most IUL sales people don't know what they don't know
3:15 IUL Cap Rates Can Be Reduced
6:45 IUL Participation Rates Can Be Reduced
9:30 IUL Proprietary Indexes Are Dangerous
12:43 Showing 50 Basis Points of Positive Arbitrage in IUL's is Dangerous
16:15 IUL Fees and Charges can be Increased by the insurance company
17:50 IUL's Don't Eliminate Market Volatility
18:50 You Need to Understand the Options Market if You Are Going to Buy or Sell IUL's
25:50 Why I like Whole Life Insurance over Indexed Universal Life Insurance
27:50 How IUL Performs in an Increasing Interest Rate Environment

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

VALUABLE CONTENT TO CONTINUE THE EDUCATIONAL JOURNEY:

How To Properly Structure A Whole Life Policy

Indexed Universal Life vs Whole Life - Which is Better

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
💥FOLLOW CHRIS ON SOCIAL MEDIA 👇

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

🤔 ABOUT LIFE180 😃
Chris Kirkpatrick launched LIFE180 as a solution to a problem. As the director of business development for a Fortune 1000 life insurance / broker dealer, he became disenchanted with the financial industry because of the lack of education provided to clients and how "financial advisors" were really just glorified sales people.

So... LIFE180 was launched to help give relevant financial education for people to create wealth. Along the journey, LIFE180 has evolved. Chris quickly realized he was passionate about not just helping entrepreneurs on how to leverage their money, but how to build their businesses.

Over the past 5 years, Chris has spent thousands of hours mastering the art of online business development for himself and clients. In 2020, LIFE180 morphed into a full service online business launch and development agency. If you need any help creating more revenue or generating more leads online, LIFE180 can help.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

If you found this video valuable, give it a like.
If you know someone who needs to see it, share it.
Leave a comment below with your thoughts and questions.
Add it to a playlist if you want to watch it later.

*All content in this video is for educational purposes only and is not to be interpreted as personal financial advice.

#LIFE180 #CashFlowHacking #CashFlowHacker #ChrisKirkpatrick #InfiniteBanking

[stevemontgomery]

1. Illustrations are running at 5.5% for most IUL’s.
2. Several carriers are uncapped (not showing real returns)
3. Whole life is just not as strong on long term growth.
4. Good investments are proprietary by nature…
5. The point is to take income and have a chance for positive arbitrage.
6. Overfunded policies are taking advantage of this asset.
7. Most policies are decreasing fee structures not increasing.
8. Whole life takes loans too!? Circular argument you have my friend
9. If properly designed the issue of income from par loans don’t over leverage the policies.

[carloszuniga]

Hi Chris, I'd just recently purchased an IUL. After seeing this video I'm kind of scared now. Is there a way you can look at my policy?

[DogWaterPlayz]

First of all, thank you for the education and warnings! I am 30 years old, with $30, 000 in a savings account and trying to learn how and where to put my money to grow better. I can afford to put $800.00 a month away to savings. Do you have a recommendation on what company I could do research on to benefit myself and earn money for retirement. I have a Roth TSP at the moment as well with about $18, 000.

[KenKensmith]

I have heard so much about this type of policy but not sure if I should commit to investing my own money so I can capitalize on the occurring interest. Any advice anyone?

[timothythompson]

This was a great video. This is info that many life agents that push IUL don't want out there. I sell life insurance, I avoid selling IUL totally. We. The reason agents push it is that the commissions on IUL are very high. Sometimes as high as 140%. This situation with IUL will eventually implode.

[Kuaasi]

😱🤯😲 This stuff is fascinating…and starting to make sense. Thanks for detailing all this. Gonna start it over and watch again now.

[Seccheus]

A lot Caps and Par rates have gone up as of Jan 2024.

[JoeC]

​so IUL is not good in increasing rates environment in next decade?

[georgeesparza]

This policy is better for someone with extra money to pay with and can take the lost. I was looking into it for retirement

[KenKensmith]

What iul company is the best? I want to put 500k of my own money in a policy so I can take advantage of the interest annually.

[CdotForbes]

Appreciate your breakdown. Let's say I have a max funded IUL that is already 3 years in and financially it doesn't make sense to end the policy due to the surrender charge. In your opinion would you still fund it and ride it out until the poor cap rates come into play then 1035 it into a whole life (assuming young enough age where the COI is still reasonable). I want the liquidity but also better growth than current WL has to offer. Based on what you say by the time IUL cap rates drop the WL rates will be on the uptrend. Is that the best play in your opinion, due to the current circumstances.

[dbladeford]

Interesting that my comment keeps being deleted.

[Seccheus]

You talked really fast and blew past a few things that needed to be explained objectively with actual numbers. This was a horrible video packed with generalizations.