Indexed Universal Life Poor Design Breakdown

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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!

Опубликовано:

9 сен 2024

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Комментарии : 27

@7bandinc 2 года назад

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.

@CashValueLifeInsuranceReviews 2 года назад

Thanks for watching and sharing, Malik! Feel free to grab time with our team. We can educate you on these products like no one else and get you to a point where you feel comfortable making the decision if IUL is a good fit or not. leveragedwm.com/chat/

@gobele1 10 месяцев назад

That was the dumbest thing I ever heard. All you had to do was add more money. problem solved. But you believed that the insurance agent was ripping you off because so you made a mistake.

@leepope6267 Год назад

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 example?????

@4rdz 2 года назад

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.

@CashValueLifeInsuranceReviews 2 года назад

The client's goal for this policy was to maximize cash growth. Therefore, The DB starting as level is in fact a flaw in design. Thanks for watching!

@4rdz 2 года назад

@@CashValueLifeInsuranceReviews Totally agree! but to say that a leveled DB is a red flag is NOT true on all cases. Might be best to point out that in THIS scenario, it is a red flag. Also, in some cases, even if the client's goal is cash accumulation, a leveled DB is also ideal again dependent on the amount of premium the client can afford. The more you increase your DB with a small CV, it maintains a wide gap that will in effect increase the COI. I do applaud you for your work as I learned a lot too.... Thank you!

@kunalamin8 2 года назад

True. But he says level DB has more charges. I 🤔 think increasing DB has more charges.

@4rdz 2 года назад

@@kunalamin8 absolutely agree! Increasing DB further widens the gap between CV and DB especially if the client is not maximizing the monthly premium.

@Urace97 11 месяцев назад

Thank you bosses

@JoeC5050 2 года назад

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

@CashValueLifeInsuranceReviews 2 года назад

It all depends on if the starting death benefit is minimized. Thanks for watching!

@keevang4520 2 года назад

I like it. Thanks.

@CashValueLifeInsuranceReviews 2 года назад

Thanks for watching!

@kristofferphibbs9958 2 года назад

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

@CashValueLifeInsuranceReviews 2 года назад

Thanks for watching!

@bennyschamber3455 2 года назад

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?

@CashValueLifeInsuranceReviews 2 года назад

Benny, Thanks for watching! There are risks to term insurance and it really takes the right blend and right situation to implement that strategy.

@govind3able 2 года назад

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

@CashValueLifeInsuranceReviews 2 года назад

Once the policy is purchased, you typically have a time window to cancel the policy without penalty.

@RoselineCollins 2 года назад

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

@RoselineCollins 2 года назад

I can send through email if you agree

@CashValueLifeInsuranceReviews 2 года назад

Roseline, thanks for watching! Yes, we are happy to help. Feel free to use this link to book a discovery call with us: calendly.com/leveragedwealth/lwm-yt?month=2022-02 We will discuss your policy and review it for free!

@iam_theweighiam2950 2 года назад

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

@CashValueLifeInsuranceReviews 2 года назад

We are happy to help! Here is a calendar link to book some time with us, and we can come up with a customized plan based on your goals. leveragedwm.com/contact-ii/

@gobele1 10 месяцев назад

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.

@CashValueLifeInsuranceReviews 10 месяцев назад

What you are saying here is just simply not true. Nonsense. Call us if you actually want to have a conversation.