This is a very informative IUL video. I am learning so much from your TH-cam vids. Nice want to set up Max Cash Value accounts. And I believe you are the agent I want to work with! Thanks so much for these videos!!!
Hi, Peter! NLG is expensive! You are probably in the Pacesetter index which is a good one. Securian's BGAII S&P PRISM index is the #1 Best Performing index in the industry with an average annual return since its inception through last month is 24.5% including the combined 355% participation rates which are guaranteed at 100% and they begin reimbursing you for your expenses beginning in year 11 and by year 20, the first 10 year's of expenses will have been reimbursed.
Yes. Once you are sure you are not going to contribute to your IUL any longer, you want to switch the death benefit option to level because it is less expensive
Is it possible for you to take a look at mine? I am still unsure if my iul was structured properly so I’m not sure if I should cancel mine. That’s why I’m looking at your videos which are very helpful.
In order to do that do I need request an in-force life insurance illustration? Also I’m 20 years old with low income, is it recommended for someone as young as me to even have an IUL?
Good afternoon Wealth Protection Lady, I think you do a great job of explaining things. Being that the insurance industry is extremely confusing, I still have questions as to whether or not an IUL is right for me. Can you please email me so that I can explain my situation? Thanks
I am interested but when l filled out the application, l wasn't able to send it. I pressed the send button several times but it didn't work. @WealthProtectionLady
These volatility controlled no cap indexes don’t move. They look good on paper but in real life they literally don’t do anything but stay still. I’d feel much safer with the s&p500 which actually has movement.
Thanks for a detailed informative video. Whats your take on this allegation? - th-cam.com/video/nyy_uqJ6XOM/w-d-xo.html Speaker basically claims that insurance companies can spin up a new product every few years where they can maintain good cap rates and par rates while they can eat off the in force old products where on same index , they can reduce par rates and cap rates while providing good rates on currently sold products. They can legally and contractually do this even though its unethical. This completely killed my belief in IULs. Wanted to understand what's your take on this ? and do you have any historic in force par and cap rates to disapprove of these claims?
This is a very informative IUL video. I am learning so much from your TH-cam vids. Nice want to set up Max Cash Value accounts. And I believe you are the agent I want to work with! Thanks so much for these videos!!!
Thank you and great to see new videos.
Hi Sue, I have an IUL with National Life Group. The index they put me on is the one without a cap. Is that a good company? Is Securian better? Thanks
Hi, Peter! NLG is expensive! You are probably in the Pacesetter index which is a good one. Securian's BGAII S&P PRISM index is the #1 Best Performing index in the industry with an average annual return since its inception through last month is 24.5% including the combined 355% participation rates which are guaranteed at 100% and they begin reimbursing you for your expenses beginning in year 11 and by year 20, the first 10 year's of expenses will have been reimbursed.
Once you are done contributing to your IUL should the death benefit option be changed to level instead of increasing?
Yes. Once you are sure you are not going to contribute to your IUL any longer, you want to switch the death benefit option to level because it is less expensive
Is it possible for you to take a look at mine? I am still unsure if my iul was structured properly so I’m not sure if I should cancel mine. That’s why I’m looking at your videos which are very helpful.
Absolutely! Email your illustration to sue@wealthprotectionlady.com
In order to do that do I need request an in-force life insurance illustration?
Also I’m 20 years old with low income, is it recommended for someone as young as me to even have an IUL?
How do I contact you about setting up a new policy?
Hi, Robert! If you complete the questionnaire from the following link, I'll get back to you. application.wealthprotectionlady.com/
Good afternoon Wealth Protection Lady, I think you do a great job of explaining things. Being that the insurance industry is extremely confusing, I still have questions as to whether or not an IUL is right for me. Can you please email me so that I can explain my situation? Thanks
The best thing to do is to complete the questionnaire from the following link, I'll get back to you. application.wealthprotectionlady.com/
What company do you sell IUL's for?
Securian/Minnesota Life.
I am interested but when l filled out the application, l wasn't able to send it. I pressed the send button several times but it didn't work. @WealthProtectionLady
These volatility controlled no cap indexes don’t move. They look good on paper but in real life they literally don’t do anything but stay still. I’d feel much safer with the s&p500 which actually has movement.
Actually, they do move. I have live crediting history for the S&P PRISM index where the average annual return including participation rates is 24.9%
Thanks for a detailed informative video. Whats your take on this allegation? - th-cam.com/video/nyy_uqJ6XOM/w-d-xo.html
Speaker basically claims that insurance companies can spin up a new product every few years where they can maintain good cap rates and par rates while they can eat off the in force old products where on same index , they can reduce par rates and cap rates while providing good rates on currently sold products. They can legally and contractually do this even though its unethical. This completely killed my belief in IULs. Wanted to understand what's your take on this ? and do you have any historic in force par and cap rates to disapprove of these claims?