Over the years, IUL has evolved. So have the lies that life insurance agents are using to sell indexed universal life insurance. In this 2024 version of the lies agents use to sell IUL, Chris Kirkpatrick goes into more detail on why you should use extreme caution before purchasing an IUL.
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📖 Chapter Timestamps Here ⏰
0:00 Intro to the 6 lies life insurance agents use to sell Indexed Universal Life Insurance in 2024
0:40 The Evolution of Indexed Universal Life Insurance Lies
2:50 IUL Lie 1 - Illustrated Rates Are Conservative for Indexed Universal Life Insurance
14:10 How IUL's Participate In The Index And Provide Upside Potential
20:32 IUL Lie 2 - No Cap Indexes Will Provide Better Long Term Growth
26:25 IUL Lie 3 - The Tactic of Selling Indexed Universal Life Using Excel Calculators
31:20 IUL Lie 4 - Indexed Universal Life Will Provide Guaranteed Tax Free Income
41:15 IUL Lie 5 - IUL Is Better Than Whole Life Insurance For Real Estate Investing
47:15 IUL Lie 6 - IUL Is Better Than Whole Life Insurance For Infinite Banking
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VALUABLE CONTENT TO CONTINUE THE EDUCATIONAL JOURNEY:
How To Properly Structure A Whole Life Policy
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Indexed Universal Life vs Whole Life - Which is Better
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🤔 ABOUT LIFE180 😃
Chris Kirkpatrick launched LIFE180 as a solution to a problem. As the director of business development for a Fortune 1000 life insurance / broker dealer, he became disenchanted with the financial industry because of the lack of education provided to clients and how "financial advisors" were really just glorified sales people.
So... LIFE180 was launched to help give relevant financial education for people to create wealth. Along the journey, LIFE180 has evolved. Chris quickly realized he was passionate about not just helping entrepreneurs on how to leverage their money, but how to build their businesses.
Over the past 5 years, Chris has spent thousands of hours mastering the art of online business development for himself and clients. In 2020, LIFE180 morphed into a full service online business launch and development agency. If you need any help creating more revenue or generating more leads online, LIFE180 can help.
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*All content in this video is for educational purposes only and is not to be interpreted as personal financial advice.
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