Top 5 Reasons You SHOULD NOT Get Indexed Universal Life Insurance

I have often discussed the benefits of an IUL, such as, providing safe and productive growth, no contribution limits and more. In this video, I discuss 5 reasons why owning an IUL might hurt you more than help you.

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[gsmith]

Thanks for this. A friend is trying to get me into this, but I don't think I qualify. Anywho, this was great information. Thank you!

[kriskris]

Doug andrew is one of them who says that we should consider having all or most of our retirement savings in IUL policies

[pjdacosta]

Thank great advice. I am a Life and health advisor will look at your links.

[NigelSensation]

Also how much should you fund your IUL annually for it to make sense

[NigelSensation]

So what if you start at $200 a month. Then you up it to $500 a month does that change anything?

[JOSEPHDREW-qq]

I'm considering an IUL with mutual of Omaha with 4 yearly payments of $250, 000. I have the 1Million in bonds right now I'm 50 and retiring in Spain with my wife and son during the second half of 2024. I would loan against this policy yearly for spending money in Spain since income is taxed so highly in spain I wanted a way to invest in a safe manner and not have to pay taxes in spain. IS a UIL a good way to do this?

[joegwang]

It is wrong when he is saying "there is no limit"