We do our best to give an overview of some of the pitfalls without getting too far into the numbers and for those of you that have more questions and want additional resources you can go to our website (www.InfiniteWealthConsultants.com/IUL. Here you can watch video’s highlighting the math behind IUL’s, the differences in IUL illustrations vs WL illustrations, the costs in an IUL Policy as well articles from The Wall Street Journal, Bloomberg and a Warning from the State of New York regarding IUL Policies (and much more). In this episode we discuss the following topics:
What are the differences between Universal, Variable and Indexed Universal Life?
Mixes stock market with insurance
How the risk is shifted from the insurance company to the policy owner
Can IUL policies go Bankrupt?
Cash Value vs Surrender Value…What’s the difference and why is it important?