IUL For Children

Lately, I’ve getting requests for Index universal life insurance policies on children, so I thought it was about time to make a video on that topic. This is almost identical to the 529 or IUL video with some added accumulation possibilities at the end.
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[YP-kdes]

Very interesting. I wounder why you used example of money growth three choices ( green, red, blue) from 1998 until 2013? your presentation is in 2021 and I am watching this in 2023 . Your explanation about different products is greatly appreciated !

[HorsesandJesus]

Hey! Wonderful educational videos. Question do you have clients? If I have further questions about IULs?

[beverlyclemons]

I’d like to schedule a consultation to IUL for my husband and I and for our 4 yr old son. We’re currently in the market to get started as soon as possible. We’d to compare a current proposal we received from another agent.

[mavelar]

If there are no contribution limits how do you keep the policy from becoming a MEC?

[aalex]

Run the same $100/mo into a conservative mutual fund and see what it will look like after 35 years. Sure if it is a non-qual account, you will owe some taxes, but would you rather have $100k tax free or $300k taxable?

[johannemonfiston]

One of my kid have it, I want someone else to do my new bb in case something was left behind

[xrpx]

Hello, Can you set up a policy before the child is even born? sorry if this is a dumb question.

[itsme_zarss]

I have IUL but its a guaranteed at .25%

[kristinegorinas]

Can you offer that same chart for 2012-2022?

[GeorgeTorres]

Can a child’s iul be over founded and if yes how much over premiums?

[yodhangzien]

Do I have to pay back if I draw cash value after age 65!!! Do I have to pay tax!!!

Do the cash value decrease if I don’t draw cash value 100 age!!!

The policy and fee charge, going take all the cash value after age 80!!!

[r.g.]

Can you cancel an indexed life insurance within a year or 2?? If so what happends?

[rsievers]

I was told distributions from a cash value policy are taxable to the recipient as income in the year they are recieved. Does that mean the money taken out for tuition is then taxed? Can you explain, im confused.

[rhonda]

my 18 year old daughter works for me under my LLC, earning $12, 000/year. Do you advise a custodial roth ira or an IUL? thanks,

[samanthamaynard]

Can I fund my IUL with cash on hand or only through 401k, etc?

[julialaudeguzman]

Can you borrow against your childs IUL?

[CCTENG]

Why does the market offer a 10% interest rate for lending, while insurance companies charge only 5%? Additionally, are the fees associated with obtaining funds from insurance companies not higher than those from market lending companies?

[clemedicaredotcom]

This question will be a bit unusual I guess.. I've watched a couple of your videos what do you call a single premium iul.. would I be able to avoid paying income tax by putting $100 to $200, 000 in one of these hypothetically?

[kikik]

Question, does the parent have to have an IUL in order for their child to have one? Parents in this case are uninsirable.

[alangordon]

Probably a dumb question - but as the child gets older - doesn't the cost of the term component of the premium keep going up? I know the gains of the policy will go to pay the increased premium, but what happens when they turn 80 and 90? Isn't the term component VERY large by that time? Won't that erode the gains? Won't the premiums eventually have to increase? It's a great idea, but I'd like to know more about what happens in 70 and 80 years.