Indexed Universal Life Isn't All Bad...IUL Is Just Bad For You

Indexed Universal Life Insurance isn't a horrible product, it's just a horrible product for the use that most agents sell it for. In this video, I explain the good, the bad, and the ugly of IUL explaining how it is misrepresented by agents across the USA and revealing to you how it ACTUALLY works. I believe you deserve to fully understand how this product works before you put your hard earned money into it.

SET UP A COMPLIMENTARY CALL:

🔎 Resources 👇

Get Your LIFE180 & Cashflow Hacking Swag HERE:

💥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 Indexed Universal Life (IUL) Isn't Good For Your Personal Finances
1:15 Why I am Making This Video About IUL
2:20 THE PROBLEM - How Most Agents Sell Indexed Universal Life Insurance
4:20 How Indexed Universal Life Insurance Really Works
7:30 IUL Is Simply Traditional Universal Life With An Options Strategy Attached To It
12:00 The IUL Industry Is Creating Its Own Challenges
15:00 How Annual Renewable Term Works With Indexed Universal Life Insurance
21:00 It Is Likely You Will Lose Money With IUL If You Use For Retirement Income
24:00 IUL Is Not A Good Retirement Income Distribution Tool
26:40 IUL Can Work Like This...I Just Wouldn't Advise It...

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬

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

[LIFE]

If you are interested in setting up a call use this link:

[SonyaWongJamisonKeener]

You've just delivered the master class in understanding the risks of IUL's.👍

[deSotol]

Great information. So a Whole Life Policy is a better option? What if I let it accumulate and withdraw my money when I retire and just deposit it in my bank account? Wouldn't it have grown more in an IUL still? What would be the best policy/tool for cash accumulation to withdraw in retirement?

[hanswhite]

I wish that you and David Mcknight would have a debate over whole life vs iul. That debate would definitely help a lot of people decide which is better especially if they don't know anything at all.

[epost]

My head is spinning with several Insurance, Whole Life ( infinite banking), seems there's Advocates for all Nay- turned 50 and a to do something with my 401k you guys are making this difficult

[joseenriquemedina]

Hello Chris! Love your Channel. What kind of strategies the use with option. Do they buy Long Calls, Bull Call spreads? How exactly do they use option? Thanks

[pompanorental]

I would like to discuss more your take on IUL’s I would also like you to get up to date information for todays market as things have changed in the last ten years since you were selling IUL’s!!! You only talk about worst case scenarios how about doing a talk about the benefits of today’s products as your ten year old info is obsolete and not worth the screen is was written on!!!

[annmckeighen]

Just heard u for the first time today. I am retired & looking for no/low risk, no/low tax place to put my retirement money. Do u know anything about the Phoenix Capital Group guaranteeing 8-12% for 9-7 year term?

[TheOpinionSports]

You can’t lose money to market loss. Market loss and cost of insurance are two different things. Whole life has cost of insurance too so what happens if you don’t get that dividend?? Did you lose money??

[intellectualblackking]

I am 27 and I was approached by WFG and I really am trying to learn more about insurance and see if this is route for me and also to sell. I am really big on financial integrity and even though I can do sells I like to be honest and have a clear understanding on the products I’m selling. I don’t want to sell a plane to a bird. I don’t know if these products are geared for younger people in my age range or what the true benefits for this product is.

[jasongarcia]

How long is the call option contract? 1 month? 1 year? Thanks!

[kngmves]

F&G annuities and Life, what's your opinion on their IUL. I've been listening to your videos about IUL. Some of the things you mentioned does not apply with this company. Higher premiums as you get older for example. F&G premiums is set from the day 1.

[calilife]

Don't he just drags on saying nothing

[travishuang]

Thanks for the explanation for IUL! I have a question about the loan of IUL and I think none of the agent will give me the honest answer but you. They always say the IUL loan is "zero-net" wash. The loan interest say is 3.5%, and the insurance company will give you 3.5% credit. Therefore, the loan interest is technically 0%. That sounds great, but there must be some hidden details they don't tell. If that is the case, then why not all people borrow the money and then put into CD or other investment to get positive arbitrage? If you already have the video on that, could you please provide the link to the video? Really appreciate!