Understanding Illustrations

[@richardstennis5400]

You’re the best educator of this info than anyone on the internet!!

[@WealthProtectionLady]

Thank you, Richard! You made my day!

[@kilespelz4862]

Tried to find you on Facebook and Linkedin but the links are not working. I am so happy I found you because I am new to insurance and have been doing all that I can to make sure that people's policies are maximized. Thanks so much! I am more confident I am doing it the right way now and plan to copy you a little and incorporate even more transparency into my presentations for my clients.

[@tomchesmore1464]

You do a great job explaining the plan

[@buhayusamargzandales1093]

Very educational great full of learning very clear illustrations. I am wondering if these illustrations are similar to F& G IUL illustrations. I hope you have the opportunity to explain their illustrations in your next video. Thanks

[@WealthProtectionLady]

To structure an IUL properly, when you are in F&G's illustration software, just choose Minimum Face (lowest death benefit) and the Increasing Death Benefit option while they are contributing to the IUL and then switch to level. That's it! All illustrations are basically the same, but look very different.

[@kristineb697]

When do you switch to level from increasing?

[@prelitigation1]

Thank you for your clear explanation. I’ve been talking to a AAA Insurance agent who sent me an illustration similar to the one you are reviewing. What you opinion about AAA?

[@WealthProtectionLady]

I have only seen one AAA IUL policy and it had a 20-year surrender periodf. Absolutely not!

[@kunalamin8]

Do you have any presentation on CVAT vs Guideline premium test?

[@WealthProtectionLady]

I'm sorry. I do not.

[@fredozzie7032]

A 250k policy, how much can a policy holder pay in premiums to fully fund the policy annually? That will give the policy owner maximum cash value and death benefit

[@ssk1308yt]

Guaranteed rate of return is 2% and with that rate, cash or surrender value never exceeds the premiums paid. So, is it fair to say that the fees associated with this contract are higher than 2%?

[@WealthProtectionLady]

The fees are based on your age, underwriting class, gender and the amount of premium.

[@eddycontreras4483]

Hello, How is the insurance company making the rate of return if its not in the market? Where is the money that comes from the gains come from?

[@WealthProtectionLady]

Hi, Eddy! An IUL is all about the index, how it performs and what it guarantees. The index I use is a proprietary index to Securian/Minnesota Life. It is a volatility control index that is rebalanced at the end of every business day. It performs so well that it has two participation rates (115% and 210%). Watch my video IUL on Steroids to understand that better.

[@yodhangzien]

Does it good to contribute more money into cash value!!!

[@WealthProtectionLady]

When you hear of people maxing out their IUL, they will contribute up to the MEC limit. The more money in your policy means interest crediting on a larger sum of money.

[@johannemonfiston7484]

I like listening to you unfortunately your office or Rose never call me on the appointments

[@WealthProtectionLady]

Rose is not with me any longer. Email me at [e-mail] and we'll get you an appointment.

[@robmartin217]

How the hell do agency managers expect agents to "close" the sale on IUL in one call?.....

[@WealthProtectionLady]

Absolutely not! This is important stuff regarding your money. You must be allowed to take your time and to read the entire illustration -- even the small print.

[@jbc3223]

I filled out your application from the link, but have not heard back :(

[@WealthProtectionLady]

I apologize for that. I somehow ended up on TikTok and now my calendar is booked through the end of October. We are having a hard time keeping up with things right now. If you still haven't received a response, try it again.

[@alldeisel2208]

My agent won't give me mine and I don't know which company he used? He just told me I'll be able to get so much a month if I wanted to

[@WealthProtectionLady]

You can't make a decision about it unless you can read and study it.

[@yodhangzien]

Do I have to pay back if I draw cash value after age 65!!! Do I have to pay tax!!! Do the cash value decrease if I don’t draw cash value 100 age!!! The policy and fee charge , going take all the cash value after age 80!!! Suppose money grow not decrease

[@WealthProtectionLady]

Once you start taking an income, you would not pay those loans back because by taking those loans, you are buying down the surrender value and death benefit until both are depleted. You would not pay those loans back. If you don't take loans, your money just keeps growing. After the 10-year surrender period, you can take a loan for your surrender value, which would probably be the same as your cash value. As long as you take loans, you would never be taxed.

[@yodhangzien]

@@WealthProtectionLady do they have pay back the loan after age 65 taking a loan!!!

[@yodhangzien]

@@WealthProtectionLady what is the amount can they cash out after 10 year???

[@yodhangzien]

@@WealthProtectionLady would the fee charge cost and cost insurance increase would that take all the cash value !!!

[@yodhangzien]

AFter 10 year the cash value 20k$ The loan is 9k$!!! What happen to 11k$

[@WealthProtectionLady]

I wish I had the time to go back and watch that video, but I do not. Sorry!

[@johannemonfiston7484]

In the surrender penalty, most likely, if you are trying to get a loan prior to the surrender period 15 years for most policies

[@yodhangzien]

@@johannemonfiston7484 does the fee charge and the price increase for death charge fee more increase after age 80

[@yodhangzien]

Does it good cash all Out after age 66!!

[@johannemonfiston7484]

@yodhangzien the goal is to access ur money tax-free. So after the surrender period, you can access as much as money is available to you, but it is better for you if you do as a loan. You don't really have to repay, and even when do you only repay yourself. Even after you take a loan, your money keeps growing and depends on the policy you might be able to access the same amount year after years without ever having to repay. However, if you cash out ( closing the policy and taking the cash value ), you might create a taxable event, taking out more money out than the amount you have invested ( premium × index cap rate)

[@robmartin217]

500,000 annual premium?......substantial payday...