A well-designed IUL is the key and is extremely effective in building tax-free wealth while also protecting your life, assets and health care cost. Make sure you have an agent that is a master at understanding the intricacies of an IUL and has sufficient experience in designing them.

Wow good one thank u

you guys don't know what you are talking about. Such misinformed folks like blinds leading the blinds.

Insurance company's don't have the ability to change the COI as their based on CSO tables

Ul wasn't built to maintain a high DB its meant to be structured using Max premium minimum DB doing so your really under paying for COI and avoid over paying as you age

UL policies are just awful. So glad we are not offering them anymore. I have to explain to customers everyday why their policy is not going to reach maturity unless they increase premiums or lower face value after they have been paying into this thing for 20 yrs. Highly faulty poorly designed product.

What I don't understand with UL and WL, is all that cash value built up and the beneficiary does NOT get it when the policy pays out, only the original death benefit.

Example…Buy $500K WL for years with $200K cash value. Insure dies, but the beneficiary receives onky the $500K..not the $200K. Am I wrong?

11:36 Well when you take a loan on a policy you have the option to take a fixed loan say 3% and the company will charge you the same amount. You can also use a participating loan where you can get full exposure to cap and floor. It is much more flexible than whole life and you can get a fixed account just like whole life. The problem isn't the product its just how most agents structure it. It can be the best thing you own or the worst thing you own.

All CV insurance is a scam.

the IUL and the Maximum funded IUL insurance contract are the same or do they work differently??? Can you have an IUL tax-free…??? all the way around…???

So more confused than ever

Universal OR Whole Life can not, has not and will not outperform Mutual Funds.
People who sell this two products do it because of Bigger Commissions, PERIOD!!!

This guy does not understand the need for insurance. What is his option buy term and invest the difference? What happens to your term policy if you live into your 60s? Easy it becomes 7 times more expensive and you lapse the policy. Then you have no life insurance protection. If you get a smaller IUL policy say 250 k it is very easy to pay until you pass away. This guy is pretending to have knowledge he does not have.

If Set properly to benefit the client, it does not Fail , its just a smaller commission for the Agent

Thank you!!! This is why I dont agree with it also. I was really beginning to think may be I might be crazy. so i search for iul and loved this

They contradict one another. At 10:09–10:50 they discuss the danger of market volatility then at 14:44 admit the volatility nets more in the long run ? It you don’t understand just say that smh.

I'm a big fan of Garrett Gunderson, BUT I'm also an even bigger, loyal fan of DOUG ANDREW, and his proven methods regarding max-funded, Indexed Universal Life (IUL) insurance. I have reviewed Doug Andrew's case studies closely, and spoken to some people who have used them. It is my professional opinion is that Garrett's presentation of this topic is well-intentioned, but flawed. These two are saying the equivalent of if someone structures a real estate deal wrong and loses money, that ALL real estate deals are therefore bad investments.

How many insurance agents you know are living a healthy happy life? They are crooks only looking to load their pockets and bank accounts.

So what kind of policy should we get?

A lot of good points/questions. However, there are several things you guys say that is not necessarily true as well. Can't really label the video "Everything you need to know" if you if you personally don't know everything about it.

Also, it really comes down to the industry. It's not the product/company, it's the agent that sold it. There was a time where whole life left a bad taste in everyone's mouth too. A lot of people have been "screwed over" by whole life agents as well.