It is common to see a table of past index performances in an Indexed Universal Life Insurance (IUL) illustration. These performances are always accurate but can be misleading if you don’t comprehend how past performances relate to creating value in an IUL policy. Historical data provides little to nothing in helping you project what the …

Continue reading “Understanding Indexed Universal Life Insurance Values”

The craze in insurance sales these days is Index Universal Life Insurance (IUL). And for good reason. The insurance companies that sell the stuff, reduce their risk by passing that risk on to you (Whereas they willingly assume this risk when they issue a Participating Whole Life Insurance Policy (PWLIP) to you). Insurance companies are …

Continue reading “Can You Trust Historical Index Averages?”

It’s been twenty-one years since Transamerica Life Insurance Company released and sold their very first Indexed Universal Life Insurance Policy (IUL).  Today there are over 40 insurance companies that have followed suit realizing, that by taking Transamerica’s lead, they can increase their profits (the insurance company’s profits) while assuming less risk.  And while this means …

Continue reading “Where’s The Guarantee?”

In front of me is an Index Universal Life Insurance (IUL) illustration.  A prospect emailed it to us because his agent had promised he could receive $31,000 a year in retirement income annually for the rest of his life if he would pay a total of $183,000 in premium over the next twenty years. Here …

Continue reading “Universal Life Insurance is a Risky Purchase… just look at the Market Correction this Month!”

Today I spoke with a clinical scientist who wanted a second opinion concerning an Indexed Universal Life (IUL) insurance policy that had been suggested for him as something that would perform better than if he contributed to his employer’s 401k plan.  And with his expressed permission, here is his estimation of the IUL, “This is …

Continue reading “Insurance or Insult?”

There are some really sordid tales about how Indexed Universal Life Insurance (IUL) is compared to Participating Whole Life Insurance (PWLI) as being almost her identical sister, merely because they can develop such high cash values and both have certain guarantees. But the poignant chronicles of those who have owned, and survived owning, an IUL …

Continue reading “The Sordid Tale of Two Sisters”

The name is catchy.  And nobody willingly turns down safety.  But here’s what’s going on so you can decide.  After all, it is your money, your life and your life insurance. As far as I can tell this term originated with Brett Kitchen and Ethan Kap who have written 2 books: Safe Money Millionaire Wealth …

Continue reading “Wealth Beyond Wall Street (AKA Safe Money Millionaire)”

According to “17 Bizarre Moments From History”[i] this 1923 invention called the “Portable Baby Cage” allowed the modern mother a chance to provide their babies fresh air and sunshine even though she couldn’t get outside. It is reported that future First Lady, Eleanor Roosevelt bought into this fad and purchased a cage for her daughter …

Continue reading “Bizarre Fads”