indexed universal Life insurance pros and cons- Is IUL Good or Bad

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  • Опубликовано: 13 сен 2024

Комментарии • 86

  • @CashValueLifeInsuranceReviews
    @CashValueLifeInsuranceReviews  5 лет назад +4

    All good? All bad? It all depends on the execution!

  • @canadyfinancial
    @canadyfinancial 5 лет назад +20

    Matt your videos are a gift to the insurance community. It wasn't until I watched your videos that I truly understood how IUL can be a beneficial part of a retirement strategy.

  • @Allenballen88
    @Allenballen88 3 года назад +3

    Sir, this has been the first unbiased iul video I've seen! Thank you! I'm working on becoming an agent as well as starting a policy for myself and definitely don't want to be a crooked agent and at the same time i don't want to get screwed in the future! But you're video was so informative and unbiased! Thank you! Truly

  • @brianmasiello1002
    @brianmasiello1002 2 года назад +2

    I can honestly say Matt, you are the leading authority on IULs on RUclips. I love IULs, but I get annoyed when people tout them as the end-all-be-all. You give very honest, transparent reviews and I appreciate it as your peer.

  • @tiffanycarrascobarajas1455
    @tiffanycarrascobarajas1455 Год назад

    GREAT VIDEO! Thank you for being so transparent and honest, I wish more agents would be like you instead of trying to say IUL’s are bad… they are just not for everybody but if they are well structured and the carrier is good, it’s a beautiful tool!

  • @bessource
    @bessource 5 лет назад +4

    Excellent! To me pros and cons means striking a balance in the understanding, explanation, and breakdown in something as complex and on many levels, abstract as insurance. Additionally, the conclusionary questions help to solidify whether or not an IUL is beneficial based on your personal circumstances and situation. Again, another amazing articulation for knowledge and practical utilization plus the sample illustrations are a bonus. Yet again, thank you for taking the time, energy and effort to share your knowledge and expertise in the multi-faceted arena of insurance. I appreciate it.

  • @BrickinItUp
    @BrickinItUp 3 года назад

    Thank you for this. Your last point on the cons when talking about how a IUL isn't built for Bank on Yourself/Infinite Banking success really drove it home for me on which is best for my situation. Thank you.

  • @wanglee21
    @wanglee21 3 года назад

    Its great when someone can simplify the pros and cons and show us spread sheets of how it can work right and wrong. Other videos only focus if its good or bad. Never laying out what if offers as a package. In the end any kind of package you have to know your product and if your agent is looking out for you or scamming you for most profits.

  • @mattnoel994
    @mattnoel994 5 лет назад +1

    Matt this is fantastic! It really is how it's designed IMO. I will be showing these to my clients. Thanks

  • @stv-news
    @stv-news 4 года назад +3

    Great video!!! Do these companies change their crediting CAPs more often? The reason I ask is because: an increase in cap during the bearish stock market (or possibly the high-interest environment) would be worthless. Similarly, a decrease in Cap in a bullish stock market (or possibly a low-interest environment) will make you less money. Can you please make a video about the history of CAP changes at least for three of the best companies that you prefer? I believe this is where the future performance of IUL lies.

  • @CynicalChicken661
    @CynicalChicken661 Год назад

    Thank you for breaking this down so well.

  • @chrisjonda7009
    @chrisjonda7009 5 лет назад +1

    Matt has already helped me with my policy. These videos are fantastic as IUL is EXTREMELY complex to understand.

  • @laazmo
    @laazmo 4 года назад +3

    Love the pros and cons illustration. Can you explained at the end of the video why the first policy is wrong design? but the second policy is a right design?

    • @patybeltrantejiendoacroche9609
      @patybeltrantejiendoacroche9609 3 года назад

      What I saw in the first one is that the death benefit is greater than the second one, so the cost of the policy is expensier that mean less money to your savings

    • @patybeltrantejiendoacroche9609
      @patybeltrantejiendoacroche9609 3 года назад

      The money you can put on your iul anually depends on the death benefit, I know this because there are some free clases online every week. zoom.us/meeting/register/tJYtdO2upzguH9UVd8mm0c3vwKvU4qtzNCok

    • @patybeltrantejiendoacroche9609
      @patybeltrantejiendoacroche9609 3 года назад

      You can learn a lot on the link I sent you there are five different classes

  • @samsciascia4004
    @samsciascia4004 2 года назад

    Good video...the biggest problem I have is when a new product comes out those caps drop on the old one

  • @archanarana8329
    @archanarana8329 2 года назад +1

    Could you please share the video where we can see the best way of illustrations for IUL. very nice presentation and helpful. Thanks

  • @steveambrose2349
    @steveambrose2349 10 месяцев назад

    But there is a cap on how much you can put in. Is there not a MEC limit associated with an IUL before taxes become a concern?

  • @alustig14
    @alustig14 5 лет назад +4

    What are some of the best questions to ask in order to determine if this is a good policy?

    • @CashValueLifeInsuranceReviews
      @CashValueLifeInsuranceReviews  5 лет назад +2

      what is the ratio between premium and commission? Anywhere near 100% and you are dealing with a bad dude.

    • @alustig14
      @alustig14 5 лет назад

      Cash Value Life Insurance Reviews am I able to email you the policy I was given?

    • @CashValueLifeInsuranceReviews
      @CashValueLifeInsuranceReviews  5 лет назад

      @@alustig14 matt at leveragedwm.com

    • @alustig14
      @alustig14 5 лет назад

      Cash Value Life Insurance Reviews I sent an email

  • @deobasnet9888
    @deobasnet9888 3 года назад

    This is truly fantastic explanation. This help a lot a lot to explain to clients . Please can you reply with picture of that pro vs con paper because can’t really read it.

  • @LA-vd3ls
    @LA-vd3ls 2 года назад +1

    Ok I'm 35 years old with not a lot of money to spare to pay anything more than $50 if that and someone is trying to sell me and IUL I'm I the right client for him to make this kind of purchase(target market) any sale for him is good but any purchase for me might not be in my interest

  • @steveambrose2349
    @steveambrose2349 10 месяцев назад

    And does not a person need to qualify health wise to even qualify for an IUL?

  • @MikeC-my4lf
    @MikeC-my4lf 3 года назад

    Questions...Given someone that's 50, just started investing in their retirement with a Roth, with no Life Insurance...they are most interested in a policy they can grow and cash out at retirement. What policy?
    Next question...given 2 children, ages 22 and 18, what Life Insurance policy is most financially beneficial for them by the time they are 50?

    • @CashValueLifeInsuranceReviews
      @CashValueLifeInsuranceReviews  3 года назад +1

      If cash growth is the goal, IUL is the best way to go in my opinion in regards to what insurance vehicle to go with.

  • @straitjacketstudios
    @straitjacketstudios 3 года назад

    I have sat through hundreds of webinars and RUclips videos on this topic. One thing is consistent and that is the “disclaimer about how these are structured. However, no one ever seems to elaborate on what that actually means. It’s almost as if everyone uses that as a disclaimer as to these policies under performing. Almost as an easy out

  • @knsrinivas70
    @knsrinivas70 3 года назад

    Great presentation! Question though. Why do these companies even let the agents resort to badly designed policies?? In order to line their own pockets?😞

    • @CashValueLifeInsuranceReviews
      @CashValueLifeInsuranceReviews  3 года назад

      "Bad Designs" can be relative based on your goals for the policy. People want often want different things out of these policies (cash growth, death benefit protection, etc).

  • @markjaret4731
    @markjaret4731 2 года назад +1

    I just found your channel in my research of this topic. Thank you for all the value. If you could point me in the right direction.. I’m looking somewhere to put my income in as to not pay earned income tax, but at the same time be able to get a loan against my money immediately while it’s still generating interest for me. Does this product give me these benefits?

    • @CashValueLifeInsuranceReviews
      @CashValueLifeInsuranceReviews  2 года назад

      Hey Mark. We are happy to help see if this is the right fit for you. Feel free to book a discovery call with us to talk more about the IUL!
      leveragedwm.com/contact-ii/

  • @codyballardmadden
    @codyballardmadden 4 года назад

    How do you feel about the Pacific Life IUL?

  • @RobTheHandsome1
    @RobTheHandsome1 4 года назад +1

    You said in the video a bad agent sets up the fees so they don’t increase. Then go on to say that fees that increase over time are bad. Seems a contradiction. It’s right around the 10 minute mark.

    • @timcox9650
      @timcox9650 3 года назад

      I think he just misspoke the first time. A good policy would be one in which the fees decreased over time.

  • @anashar31
    @anashar31 5 лет назад +1

    Excellent video ! very informative. Thank you !

  • @archanarana8329
    @archanarana8329 2 года назад +1

    For retirement I’m looking this policy, I’m 45 year old, what’s the best way to design my IUL?

    • @CashValueLifeInsuranceReviews
      @CashValueLifeInsuranceReviews  2 года назад

      Book a discovery call with us and we show you exactly how to get the best bang for your buck! leveragedwm.com/contact-ii/
      Thanks for watching!

  • @danceking40
    @danceking40 2 года назад

    As someone who is 60, I don't think I have another 30 to 50 years. If I am front loaded on fees for the first 8-12 years, this doesn't sound like the best thing for seniors.

  • @khongcolong
    @khongcolong 3 года назад

    Excellent video thanks for sharing your knowledge.

  • @mattmillyrock3170
    @mattmillyrock3170 4 года назад

    Hi matt, why would you recommend an IUL over an WL to someone? and vice versa?

  • @movie30000
    @movie30000 4 года назад

    What are the 3 companies u said that had changed their mortaility rate quotient

  • @robmartin217
    @robmartin217 3 года назад +1

    Great video....

  • @lynfisher149
    @lynfisher149 5 лет назад +1

    Great explanation, Matthew! Thank you!

  • @craigfugit997
    @craigfugit997 3 года назад

    Hi Matt - In terms of an IUL being a “long term play” from a retirement income standpoint, on a maximum funded policy ($500,000 in at $100,000 per year in years 1-5) at what point would it make sense to start taking lifetime income in the form of annual policy loans? Would that be starting at year 6...year 10, etc.? Thanks, Craig in NC.

    • @CashValueLifeInsuranceReviews
      @CashValueLifeInsuranceReviews  3 года назад

      Craig, it is really hard to say when is the "best" time to start taking loans. I'd say it depends on lots of factors.
      If you would like to head to my website, you can book a free discovery call with me and we can talk through what it could look like for you!
      leveragedwm.com/iul-review

  • @bexsprague
    @bexsprague 2 года назад

    Thank you!!!

  • @mariadelcarmenpalomino1792
    @mariadelcarmenpalomino1792 5 лет назад +1

    What company offers the product..?

  • @ashleytaylor994
    @ashleytaylor994 2 года назад

    Had covid affected adverse mortality ?

  • @jsanti8572
    @jsanti8572 11 месяцев назад

    Is php a good carrier

  • @rodrigosalinas5384
    @rodrigosalinas5384 4 года назад

    Do you have a favorite IUL company?

  • @juandejesusperezjr41
    @juandejesusperezjr41 Год назад

    0:26 0:29 0:30

  • @edriandalisay6886
    @edriandalisay6886 4 года назад

    Is Transamerica IUL a good carrier??
    Thanks

    • @CashValueLifeInsuranceReviews
      @CashValueLifeInsuranceReviews  4 года назад

      I never ever write IUL's with Transamerica

    • @edriandalisay6886
      @edriandalisay6886 4 года назад

      @@CashValueLifeInsuranceReviews ok i have my IUL with them, i think its a good one but i saw some videos that they have really expensive fees, thats why i wanna know ur opinion.
      But thanks

    • @CashValueLifeInsuranceReviews
      @CashValueLifeInsuranceReviews  4 года назад

      @@edriandalisay6886 fill out a contact form here and i'll review your IUL for free!
      leveragedwm.com/contact-us/

    • @dianestricker2690
      @dianestricker2690 3 года назад

      @@CashValueLifeInsuranceReviews Why?

    • @dianestricker2690
      @dianestricker2690 3 года назад

      @@CashValueLifeInsuranceReviews Why?

  • @MRossowTenorSaxBug
    @MRossowTenorSaxBug Год назад

    TDAmeritrade... duh..

  • @pablo08034
    @pablo08034 3 года назад

    A fiduciary for the masses.

  • @stanislavandriian9323
    @stanislavandriian9323 4 года назад

    Does Pacific Life a good company for IUL?