Hello, my name is William Your incorrect by calling it Single Premium life insurance There are 2 types of life insurance. Permanent,(Single Premium Whole, Whole Life,Universal, Variable, variable-universal) and Term. Paid-up additional insurance is available as a type of whole life insurance rider.(according to investopediia)?

Does PWLI earns interest as well? are these fixed or variable? Is interest guaranteed??

A lot of great points just wondering why you focused so much on single premiums and steered clear of monthly premiums Otherwise excellent presentation on UL and term.?

hi, i have a universal life insurance (face value of $250,000) i opened when i was single at 23yrs old (2004). Now (11yrs later), i have a family with kids. I was wondering if I should keep my UL insurance because an agent came to me and suggesting to close it and open a Term Insurance instead. She keep saying term is cheaper and that I should invest the difference. I'm not too sure what to do at this point. Thanks.?

You have taught me more in 15 minutes than my personal finance teacher has taught me this entire semester! THANK YOU!!?

Very interesting.?

very good presentation,   I enjoyed your smile and your energy.  Blessings!  joey Ingrao?

Thanks for sharing your perspective Trevor. We're not opposed to IUL just for the sake of making a statement, but do not believe it's worth taking the extra risk… especially for what we teach. We like to sleep at night knowing that the insurance company is giving max guarantees and minimizing our risk.

I have both types of policies and honestly each operate for a specific purpose and each has pros and cons. I know that the "worry" of things that can be changed is a big argument against IUL. Consider though, the fact that if a company is doing all kinds of "changes" who is going to stick with that company? It's a mute point really. I've compared and honestly cant see an substantial benefit difference for what I use MY policies for.

Thanks again for all your work spreading the truth!

Glad you enjoy the videos we make available. This specific video was meant to be a general overview of several different types of life insurance. The reason we don’t ever recommend IUL to our clients is because of the extra risk that a policy holder incurs.

We would encourage you to read a Whole Life contract and an IUL contract side by side. Highlight all the things that “can be changed” by the insurance company and please compare the two.

I appreciate these videos. I am a user of the concept. I am also a user of IUL policies and some of the things you talked about in this videos are generalizations about that product. Much like we don't like people to generalize whole life and what it does, generalizing UIL isn't good either.