Indexed Universal Life Poor Design Breakdown

Indexed Universal Life insurance can be a great addition to your portfolio for tax efficient cash growth that is not correlated to market losses! However, the devil is in the details!

Looking out for a few simple things inside of a policy design can mean thousands of dollars more in your life insurance policy. This video covers the easy ways to see if the structure of your IUL policy is good or bad.

We have dozens of people reach out to us every week sending us policies that were supposedly designed for MAX cash growth, but are nothing short of a rip-off.

These videos will teach you how to sniff out non-fiduciary agents, and know exactly what to look for when it comes to buying Cash Value Life Insurance for income tax free growth and income.

The difference between good and bad policy designs can save you or cost you hundreds of thousands of dollars!

If you are not working with a fiduciary, then there are no rules as to what they can tell you and sell you!

[bandinc]

Hello, Malik here I love this, my very first universal life (indexed) policy was exactly like the example you presented, I ran lol quickly called the insurance company and cancled the policy and began seeking out the truth at what its supposed to be. Said all that to say I love what you and your team is doing.

[leepope]

Looking at Break Even Point isn't year 13 with the year and the numbers italicized? Both Values match just as you claim in year 21 for your

[rdz]

A level benefit is not necessarily a "red flag". It depends on the amount of DB relative to the amount of premium. This illustration only shows one angle. Designing a policy involves a lot of layers and it is highly individualized. In the scenario presented, a Level DB may not be the bestest route but in other cases, it is a great option to maximize cash accumulation. If one is in his/her later stage in life, COI is much more expensive, a level DB might be appropriate. An increasing DB further increases COI especially if there's a big gap between CV and DB and the client is getting older.

[JoeC]

converting from increasing to level Db health? atleast it will avoid paying too much COI.

[kristofferphibbs]

That sale was sold for commission. hopefully the client sues the agent. the death benefit should have been in the 100s of thousands. with an increasing DB

[govindable]

Are those policy can be review and update with in a year he/she purchased?

[bennyschamber]

Hi Brady/Matt, how do you guys maneuver blending term into an iul, and is there a sweet spot as to how much term you would blend in? (ie can blending in Term actually hurt the efficacy of the policy?

[iam_theweighiam]

Can you do a breakdown for a woman in her early 30s.

[RoselineCollins]

Hi Brady,

I was introduced to F&G Life Insurance and Annuities and was given a quote. Can u check the quote out for you? I’m still watching your video to get a better understanding and you have been helping me out so much. I really appreciate you for doing this!!! I’m 25 and trying to improve my financial future but worried about doing unsuitable investments

[gobele]

You do not know what you are talking about. Nothing is wrong with this policy. The empty years are because the policy has a 15-year surrender charge. The break-even point is 15 years. Level or increasing does not matter if you want to accumulate cash the level is the best option. Level is reducing the cost of insurance because the insurance company has less to insure because of the cash value. If you want cash in the first years you must add more money than the premium that is in it. Why are you calling it bad? The policy is fine.