7 Reasons I Don't Like Indexed Universal Life Insurance: #1

7 Reasons I Don't Like Indexed Universal Life Insurance: #1

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0:00 Intro

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VALUABLE CONTENT TO CONTINUE THE EDUCATIONAL JOURNEY:

How To Properly Structure A Whole Life Policy

Indexed Universal Life vs Whole Life - Which is Better

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🤔 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.

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[ritaohia]

Chris i don't think that that makes them bad. In.comparision with a 401K, the average is still more. I have experimented with both and the index outperformed. With 401K you lose more than you gain.. The math is not mathing...

[carileenieto]

what is the best invest can l do for my kids what is the best way

[tiffanydiallo]

"...they spend extra money from a marketing expense to be able to buy the business..." What does that even mean? Also, surrender cycles are completely independent of cap rates. This is propaganda. Show examples

[E]

How you structure your IUL is critical. You can have no cap and it will be in writing. Before you get an IUL do your own research. An IUL doesnt make real money unless you committ to at least 15 years. The first 7 years are fee heavy after that the surrender value will match what you've put in because the insurance company made their money. After 7 years it will grow. You can even as for a 2% bottom which means the insurance company will guarantee you at least 2% on you money worse case scenario.

[TheOpinionSports]

Do you like variable universal life? And I would want to hear your take on that product since it is the insurance product that does not get talked about much.

[mattmeth]

You Don't Have to Wait Till 59 1/2 years old to use your money. You NEVER pay a dime of tax on your gains… EVER! There is NO LIMIT on how Much you can Contribute. No Penalties or Fees for USING the Money WHILE Saving.
NEVER LOSE MONEY on the Market in Down Years! 😂

[Bryan-omwq]

Have dividends not been reduced and reduced and reduced?

[TheWallofWealth]

He is just trying to sell you whole life insurance and that is much more expensive, .... Research David McKnight to learn the full story!

[dremetlock]

Please stop lying to the people... where is your evidence

[canonevans]

Are IUL policies considered Whole Life Policies?

[camuvilieveit]

He’s so right and I don’t even know him

[mattmeth]

The cash value grows overtime. So if the cap rate is reduced in moderation overtime. 🙄 The cash value will still see the same growth, Over that same time 😂. If you're a person with no goals or drive & no money, yes a IUL isn't for you.

[paullebronputnamii]

Before you start making false statements, you should do your homework.

[rukiddingmeNJ]

What you are saying is not so true. There is a carrier that offers a way to lock in any gain in for the policy anniversary cycle. If you are interested in IUL, go the an advisor that KNOWS WHAT HE IS DOING. If an advisor promises you percentages or tells you to put most of or all of your money in one thing, RUN THE OTHER WAY.

[bbigkkev]

He said 7 reasons and only gave 1, just a sound but to get you to look at his bull💩