Structuring My Kids IUL! Pros vs Cons with Live Illustration (Ep. 189)

[@alanbobowicz141]

Thank you for the training. That explanation was very thorough.

[@fflusa]

Glad you enjoyed it!

[@JoeAcosta]

35:45 what is meant buy term and invest the difference? Thanks 🙏

[@fflusa]

Great Question! Instead of buying Whole Life or Universal Life Insurance, some people buy Term because it's cheaper - and invest the savings in the market. We love both options!

[@ThalitaPontes]

I currently have one for my daughter. But i wanted to change the allocation. Currently it's at BALANCED TREND POINT-TO-POINT, NO CAP 100%. Is this the BEST option? I think the agent set the death benefit tooo damn high. Policy Issue date March 1, 2022 / FlexLife IUL With National Life Group Female 7 Stadard Non Tobacco State of Ohio Face amoung $155,000 Death Benefit Option B Increasing Inital payment $100/month I when at the police guarantee Illustrated Values, I'm paying premium ($100/month - $1,200/yearly) until she's 66 years old (Policy year 60) and it shows me these numbers: I put in a total of $72,000.00; Accumulated value $78,985; Cash surrender value $78,985; Net Death Benefit $233,985. It doenst not feel like a good deal here. Somethings not adding up. Can you HELP!