IUL Pros and Cons

[@MrALLI36]

You are phenomenal with your knowledge base and delivery of this information . I would be honored to attend a meet and greet with you, and take a class taught by you . God bless you. Seriously.

[@WealthProtectionLady]

Awww.... thank you so much! You made my day!

[@kenbrown6787]

@@WealthProtectionLadyI have an IUL I would love to have you look at it

[@maximillianjansen5371]

I appreciate the lack of Clickbait nature to this video. I feel like the user presents the facts and keeps it relatively simple and I thank her for it!!

[@mjcuretonsrgmailcom]

I love the fact that you don't have to pay the loan back! You did an amazing job, you have to be a fellow insider!

[@elvintorres3599]

She did a great job at explaining IUL's. simple and efficient

[@jbs909]

Thank you for laying out the facts without getting all hyped up. I can trust this information

[@denko44]

Thanks for the honesty! Most other videos ive watched people act like this product is the best think since sliced bread.

[@WealthProtectionLady]

Not all IULs are created equal. Some are prohibitively expensive and dangerous. Securian's BGAII however, is the best things since sliced bread.

[@denko44]

@WealthProtectionLady we will see about that. I'll look into it, although I am not too intreagued by most insurance products. I am always open to learning and educating myself. Illustrations should be sold as best case scenario returns. It would help people have more realistic expectations.

[@denko44]

@WealthProtectionLady watched a presentation on that exact IUL. Yes, I guess it's better than the average. It's good the illustration is under promised so the customer is surprised and delighted. BUT the numbers provided are rather underwhelming. About 7.5% average with 10.6 being the best return, For the prism fund if I'm remembering correctly. Put that against any low fee sp500 index fund like VOO, for example. Lifetime average is almost 14.5%. You're giving up a lot of money over the long term for downside protection. That's a boring index fund comparison. You do growth / options vs. IUL, and the numbers look that much worse. Yes, this is better than nothing, but I would never put this ahead any roth product. A argument can even get made for tax differed IRAs too. If the returns are high enough, even after taxes you still beat the returns on most insurance products. I can see why insurance companies love IULs, it's very lucrative. As a last investment bucket this can make sense. It wouldn't be a primary choice, atleast not for me.

[@joseosorto9397]

I'm an broker/agent myself and this helped me out alot. I have plenty of insurance options for folks but it's hard knowing what is the best option sometimes. For clients who ask about these, I'll have a better way of explaining the pros and cons. Thanks!

[@JocobsComments]

If they are conservative, go with while life. Never go wrong with guaranteed interest.

[@JustinSeara]

How are you an agent and don’t already know this? Scary.

[@EmmanuelOgundipe]

I really love the pace at which you teach. This is awesome! I hope you will be able to do a video on the impact of CVAT and when it should be used when developing your policy. Thanks

[@yazminalcantaracastillo5781]

I love your videos. You thoroughly and understandably explain everything so well. Thank you so much.

[@nancikoski]

This is a great explanation of an IUL!

[@oliviaedralin1436]

Thank you so much for explaining it in a lay man manner !

[@AteArlyn]

Thank you for your time it helps a lot

[@rcwells40]

Excellent run down. Really appreciate your insights!

[@noizenod]

I'm 33 and have some money I want to grow for my children and I think this information is AMAZING and so helpful!! Thank you!!

[@WealthProtectionLady]

You are so welcome!

[@redtops5160]

Good video, gives detail on the IUL product. How the IUL is constructed by your Life insurance agent is up to the agent. How do you know if the agent is working in your best interest vs. padding his generous commission ? That is a bridge too far for me. I'll stick with my portfolio of dividend paying stocks many of which increase their dividend every year. My heirs will get a stepped up cost basis on the stock positions. And at my age, early 60s the life insurance cost will go up every year. And that will eat into the cash value. I'm too old for an IUL.

[@fredfoster3345]

How can I set up a account through Kai-Zen and how can you explain a example

[@WealthProtectionLady]

I don’t sell much Kai-Zen for two reasons: the lowest annual premium is around $21,000 and you do not have access to your money for 15 years. If you would like to talk more about Kai-Zen and/or if you are interested in a “regular” IUL, complete the questionnaire through the following link, and we’ll find a time on my calendar. I would recommend you watch my video IUL on Steroids. application.wealthprotectionlady.com/

[@georgesilver875]

Been trying to fill out the application is not going through.

[@WealthProtectionLady]

Maybe clear your browsing data and/or cookies. Nobody has complained about this before. If it still won't go through, email me with your basic information --state of residency, annual income, health, etc... [e-mail]

[@AskMinhWin]

love the honesty i am 41 i am trying to retire and live on dividends by 60, so I wont accumulate wealth quick enough

[@WealthProtectionLady]

If you are interested in an IUL illustration, Minh, here is a link to the application to talk with me. .form.typeform.com/to/SNfW1IBA. Also, watch this video to learn more about the IUL I offer. kzbin.info/www/bejne/sHOYl2OOqKifiJY&ab_channel=WealthProtectionLady

[@redtops5160]

Buy dividend paying stock, reinvest dividends. Not through an IUL product.

[@Sudesh-n8l]

Is there a surrender value on the policy?

[@WealthProtectionLady]

There is a surrender period for all IULs of at least 10 years

[@larrybuchanan7161]

How do Know if my IUL was properly constructed. I just purchased an IUL and am not sure if I did the best for myself.

[@mia7065]

Do you have a video illustrating the best way these policies should be structured?

[@WealthProtectionLady]

Properly Structured IUL

[@mia7065]

@@WealthProtectionLady After I commented, I found it! Thank you 🙏🏽

[@HeavenlyAngels85]

What would be a good structure to look for from agents if he giving me a good deal or just getting Paid himself?

[@WealthProtectionLady]

I just put out a new video on Friday called Evaluating IUL Illustrations. Here is a link: kzbin.info/www/bejne/h4ekdWpvmMmDa6s&ab_channel=WealthProtectionLady

[@HeavenlyAngels85]

How long does it take to structure good policies? Day , few minutes???

[@WealthProtectionLady]

It takes 5 minutes max.

[@olgasaenz7430]

Thank you for sharing your knowledge. I’m just getting started with a consulting company to sell these

[@WealthProtectionLady]

Good luck, Olga!

[@gadgetgrader]

Would it be beneficial to put in a large lump sum upfront into an IUL?

[@WealthProtectionLady]

You can do that but I don't necessarily recommend it. If you put down a large lump sum, you would have to divide that up into between 3-11 years. Your first year's premium would be paid and the rest of that money would sit in a Premium Deposit Account earning 5% interest. Every year's premium would be paid. The problem is you don't have access to the funds in the premium deposit account and I bet you could find a better place to put that money that would earn more than 5% interest -- probably realestate.

[@bklynbatallday104]

Well it sounds like fee's are the con here just how does someone fine a company with resemable fees

[@WealthProtectionLady]

The Securian BGA II IUL I sell is the lowest cost in the industry partly because they begin reimbursing you for your expenses in year 11. National Life Group, John Hancock, North American and Allianz are expensive products.

[@anizedergham5389]

Please give specifics on what the agent needs to put in a policy to make it better for me the consumer

[@WealthProtectionLady]

The agent needs to structure the policy for the LOWEST death benefit the IRS will allow. That means the agent will get the LOWEST commission as well. That will maximize YOUR cash accumulation.

[@tazcu8789]

How do I know if my agent is not stiffing me?!?

[@WealthProtectionLady]

Watch my video "Is my IUL Structured Properly." kzbin.info/www/bejne/bZSmaHVon7F2bpo

[@DussoJr]

Great video and explanation. Thank you.

[@lackadaisicalchild2205]

I'm very new to all of this, so I didn't understand everything but I understood enough to be even more fond of the idea of having an IUL. I appreciate you giving the age range for who would benefit most from an IUL on average.

[@jade-wp7xr]

Thanks for this video. Would you mind explaining how " 'fixed' index universal life" can guarantee the same return interest? Is it totally different from the interest rate and performance risks as in IUL. I'm not understanding how FIUL's tracking vs. IUL's fund tied yet not invested in the market? Or it has to do with participation rate??? Thanks

[@owengaupe8623]

Thanks for the explanation! You a very good at your job!

[@WealthProtectionLady]

I appreciate that!

[@theonesandwich8706]

When you say “take retirement income” do you mean to say, take a loan in that amount?

[@WealthProtectionLady]

Yes. Whenever you access your money, you will always take it in the form of a loan. That way, it will always be tax free.

[@gfj7736]

Thank you so much for sharing your wisdom this was prefect to understand pros and cons. How would go about finding the right agent or Insurance company to commit to. Thanks again

[@suecunningham7324]

If you would like me to prepare a preliminary IUL for you, please complete this application and I'll get back to you within 2 business days. This way you can decide whether or not this is something you want to move forward with. APPLY TO GET A PRELIMINARY IUL ILLUSTRATION: form.typeform.com/to/SNfW1IBA

[@pablo08034]

Very thorough, measured, straightforward and objective. Nicely done to lay it all out for the consumer. 👍

[@WealthProtectionLady]

Thank you, Paul!

[@perryd43]

Thank you for the info neighbor

[@OnuwaUgwuanyi]

How would I know whether or not my agent designed my policy properly? And if I realized that the agent did not design the policy properly, is there anything I can do to make the changes? Thanks in view of your response!

[@WealthProtectionLady]

Watch my video Evaluating IUL Illustrations kzbin.info/www/bejne/h4ekdWpvmMmDa6s. If your policy is not structured properly, you can call the carrier and have them lower the death benefit as much as they can, but they will probably only allow you to lower it 20-25% per year. You can also switch indexes. I would recommend a volatility control index that is preferably rebalanced daily with a high participation rate that is preferably guaranteed at 100%.

[@ComplexLifeSimpleRules]

Thanks for the video - How to reduce the fees?

[@WealthProtectionLady]

You always want the lowest death benefit the IRS will allow. That way your maximizing cash accumulation and the agent receives the lowest commission thus reducing fees.

[@terrelloliver9760]

What are your thoughts on buy term and invest the difference?

[@WealthProtectionLady]

Watch my video "IUL on Steroids." You always want the lowest death benefit the IRS will allow because an IUL is not about the death benefit. It's about maximizing your cash accumulation. If we didn't have to have the death benefit, we wouldn't, but it's the only way to get benefits that seem too good to be true. The participation rate has increased with the product I offer, so now, you would be credited 265% of any gain in an index that has an average annual return of 17.95%.

[@terrelloliver9760]

what product do you use that's getting 18% on IUL's?@@WealthProtectionLady

[@derekdemarco28]

Great video on IUL's! I will be watching more of your videos in the future!

[@WealthProtectionLady]

Thank you!

[@snow40741]

If you are single 56, no kids, no spouse...should you get this policy?

[@WealthProtectionLady]

Absolutely! An IUL is not about the death benefit so we want that to be the lowest it can be.

[@snow40741]

@@WealthProtectionLady What is an example of the lowest and the benefit for me?

[@Raymondc_19]

I’m 30what computer would you recommend to buy this. Policy and which agent or broker will be the ideal one?

[@WealthProtectionLady]

You can complete this questionnaire so we can find a time to talk. application.wealthprotectionlady.com/

[@ThinkYourHealth]

My concern with this type indexed product is the volatility of the market and performance risk. If I understood you correctly I should not be penalized if there is a downturn in the market. I was not aware about this type of product. Thanks for the breakdown.

[@WealthProtectionLady]

Exactly! You get the upside of the market but if the market goes down, you don't lose anything.

[@LauraBurford]

Great job explaining IUL's - many people don't understand them. Need to check other videos out on your channel.

[@richardcaridi1982]

Pretty good information but this needs a few corrections. 1st, you said that if a person takes out too much money they will be taxed. That is true but most companies have rider called "The Over loan Protection rider" which tells the company not to exceed a certain amount so it prevents that from happening. The next correction is that you said if interest rates drop it could hurt the plan. The performance of the plan is NOT based on interest rates but the index the plan follows. If it is set to follow the S&P 500 & interest drop it could be good because lower interest rates are good for the stock market because investors think "why should I take 3% in the bond market when the market is running & I might be able to make 10% in stocks." 3rd. It doesn't necessarily take 12 -15 years to see a return. I've seen plans provide a significant amount in 8-9 years. Also, depending on the age of the client a higher death benefit may help the client because those living benefits are based are based on the death benefit. The higher the death benefit the higher the living benefits.

[@Kentuckybrothershooting]

In the bare minimum it’s just a whole life policy linked to an index and has living benefits sometimes it’s cheaper than a regular final expense

[@Coach2win]

I have an IUL. Banking on it to help with building generational wealth since it’s tax free for my beneficiary. Is that true?

[@WealthProtectionLady]

Yes. It would be tax-free for your beneficiary

[@Coach2win]

@ , great! Hopefully, I won’t need to ever tap into it for LTC. Thanks!

[@rossderek82]

What happens to the cash value you earned when you die?

[@WealthProtectionLady]

When you pass away, your beneficiary will receive the cash value and death benefit minus any outstanding loans.

[@astroman30]

@@WealthProtectionLady That's not true at all. Plan B offers a raised death benefit. But at no time, do the beneficiaries receive both the DB and CV. How dare you spread this lie. I defy you to name the carrier you're promoting so I can email them your comments.

[@WealthProtectionLady]

​@@astroman30When you are on the increasing death benefit option, the beneficiary would receive the death benefit which is the cash value plus the initial death benefit minus any outstanding loans. When you are on the level death benefit option, the beneficiary would receive the death benefit minus any outstanding loans.

[@astroman30]

@@WealthProtectionLady That is completely false. At no time does the CV get paid out unless the policy is cancelled. Name your carrier, please.

[@dayaniraferrer3304]

He visto sus tutoriales y son muy educativos, aunque me gustaria saber si las personas que tiene un income bajo no tienen éstas mismas posibilidades de IUL Gracias

[@WealthProtectionLady]

Los bajos ingresos están bien.

[@johnattaway6741]

Thank you 4 this valuable information, good stuff !!!

[@WealthProtectionLady]

Thank you, John!

[@TeacherMellonie]

Great information and very important for people to understand different life insurance. Keep up the good work.

[@ginabahen5546]

Your honesty is AMAZING - thank you for teaching me about this!

[@WealthProtectionLady]

You are so welcome!

[@yadirose6514]

I just found your channel and I think that you are Fantastic!!! Do you have a Master Class? I would Love to take it 🙏🙂

[@WealthProtectionLady]

My master class is old. I should do a new one.

[@thubert565]

How can one get in touch with you for a consultation ?

[@WealthProtectionLady]

Go to the following link: application.wealthprotectionlady.com/

[@homekwetu]

Just wondering, If I finally read the fine print and find out fees are high but still want my policy what can I do? Can I also restructure?

[@WealthProtectionLady]

If you realize your IUL was not structured properly for the lowest death benefit the IRS will allow, and you're paying fees on a death benefit that is too high, you can call the carrier and request to have your initial death benefit lowered. Chances are they will only allow you to lower it 25% per year.

[@gullah_babyyy]

Awesome video!

[@DanielRodriguez-kc5ow]

My son is graduating from high school, can he get an iul or would the monthly cost be too much for a minimum wage employee?

[@WealthProtectionLady]

Hi, Daniel! There are no age restrictions for an IUL. IULs are a better choice than a 529 plan where you can lose money.

[@elmicheladas323]

should I borrow from my cash value or just make a partial withdrawal ?

[@WealthProtectionLady]

Always borrow so you get your money tax-free. If you withdraw, you'll have to pay taxes on the gains.

[@EChung87]

great video, thanks so much for the info

[@WealthProtectionLady]

Thank you, Eric!

[@TheWanderer1111]

Atm I've been looking at all different types of storage for the money I have in my savings account so it doesn't just sit there. I've looked at offshore banks accounts, IRA, ULA, ect places where I can earn high interest and lower tax possible tax free can you help. I already invest 90% of my money just the 10% is just sitting there earn nothing with its low low interest.

[@WealthProtectionLady]

Watch these videos to get a good understanding of how IULs work: IUL for Dummies: kzbin.info/www/bejne/iYqViJ93ntyDgZo&ab_channel=WealthProtectionLady Properly Structured IUL: kzbin.info/www/bejne/kJCQiKqLbdp9ZrM&ab_channel=WealthProtectionLady Life Insurance Loans: kzbin.info/www/bejne/m33Md4aDZt6UhJo&ab_channel=WealthProtectionLady IUL on Steroids: kzbin.info/www/bejne/pYumYpqOi7hmiq8&ab_channel=WealthProtectionLady

[@shuuuGT]

Interesting I've never heard about this concept before. I've only been doing index funds.

[@redtops5160]

You are better off doing index funds.

[@xaviercrandell9234]

Do you design the IUL or you work with specific companies and agents ??

[@WealthProtectionLady]

The IUL I sell and design is Securian's BGAII with the 3-year S&P PRISM index because it is the #1 Best Performing Index in the industry with an average annual return since its inception in 2018 of 17.04%. It has two participation rates (115% + 320%) and both are guaranteed at 100%.

[@BKLNsF1nest]

Thank you for weeding out all the noise. All of this is so confusing and your video gives the tools to go into an establishment informed and prepared

[@WealthProtectionLady]

Glad it was helpful!

[@stephenmurphy6650]

Thank you

[@pago6849]

Did you say on the set up of a IUL should be in a way that its for the lowest minimum death benefit available? purpose is to save on any fees or taxes? sorry trying to understand that part?

[@WealthProtectionLady]

Yes. The way I structure IULs is for the maximum cash accumulation for you, the lowest commission for me and that is based on the lowest death benefit the IRS will allow. The reason is that you pay fees based on the death benefit, so we want it the lowest it can possibly be. If you need more life insurance, I can always quote you term insurance.

[@nickolejohnson6522]

Thank you for this information.

[@WealthProtectionLady]

You are welcome, Nickole!

[@trescouture2829]

How do we know if we will qualify for Insurance or not (medically speaking)?

[@WealthProtectionLady]

If you have medical issues, we may not know until you go through underwriting.

[@veronicamonarrez2864]

What is a surrender charge? and how much does the insurance charge you for it?

[@WealthProtectionLady]

When you purchase an IUL, you are signing a contract saying you understand you are in this for 10 years and if you want to get out of your contract before the 10 years is up, you will pay a surrender charge. You wouldn't want to get out of your policy before 10 years unless you got stuck with a policy that was structured for the agent to get a big commission. The surrender charge depends on your premium amount and your age, health, gender.

[@YesToTech]

This is insanely helpful! Thanks so much for sharing these pros and cons! :)

[@TrueStature]

I don’t know enough about these topics! Your channel will be very helpful. Thank you!

[@darnelclapp9737]

Can one over 65 open an IUL?

[@WealthProtectionLady]

I don't necessarily recommend an IUL for those over 65 but it depends on what you are looking accomplish. If it is saving for retirement and you want to retire in 5 years, you would need to contribute quite a bit to make it worth while.

[@feebeverly7145]

How do find a good person to structure

[@WealthProtectionLady]

If you would like me to structure an IUL for you, you would first need to watch my videos on Properly Structured IUL, Life Insurance Loans and IUL on steroids. Then you can complete this form to talk with me: application.wealthprotectionlady.com/

[@kevinarellanes6260]

Would u recommend this with someone making less then 40k a yr ?

[@WealthProtectionLady]

Yes! Absolutely!

[@willc4508]

I've had a IUL for 5 years When should I switch from Option B to Option A?

[@WealthProtectionLady]

Hi, Will! It really depends on the performance of your policy, your overall goals and if you are at a point where you are ready to take income. The catch is that you can go from option B to option A, but not from option A to option B (most carriers). So, switching the death benefit to option A is actually a point of no return. My advice is to call your life insurance agent and schedule an annual review, since I am not familiar with your policy. Thank you for your comment!

[@hcrystalh]

Typically you switch when you start taking income in retirement age. Some policies only let you switch once during the life of the policy so just make sure you want to do it at the time you switch.

[@didijue6710]

This is very helpful!

[@kunalamin8]

Very nice video. Do you have any video or more information about fees? Thanks

[@WealthProtectionLady]

Hi, Kunal! I don't have a video on fees, but IULs are front-loaded with fees for the first 10 years. With the IUL I sell, watch IUL on Steroids, they reimburse you for your fees starting in year 11.

[@kunalamin8]

@@WealthProtectionLady Thank you for reply.

[@ortallevitan1]

Thank you for explaining what an IUL is! I didn't understand it prior to watching this

[@trish3899]

Very insight! Had no idea about the details of this. Thank you for sharing!

[@HeavenlyAngels85]

Hello, Is get 50,000 IUL POLICY PAYING 30 DOLLAS MONTH A GOOD IDEA? CAN I DEPOSIT 5, 000 INTO THE POLICY THREE MONTH IN? sorry for all cap😊😊

[@WealthProtectionLady]

Based on your $30 per month premium, your illustration would give you a Modified Endowment Contract limit. Depending on your age, you may not be able to contribute an extra $5,000.

[@mariafernandatarazon]

You are amazing at explaining this topic clearly and with transparency. Excellent job

[@WealthProtectionLady]

Glad it was helpful!

[@strongmindtransportllc]

Good day ma’am and thank you for the wonderful information. I’m 33 years. Owner operator/. Truck driver What the best policy to get to retire in 5-10 years And take the funds and Start investing it into real estate in 3-5 years from now ?? Any suggestions please and thank you. Single no kids no bills. Live in the truck. Goal to retire my parents in 10 years or sooner..

[@WealthProtectionLady]

A lot of real estate investors love the positive arbitrage of taking Index/Participating loans in an IUL where you earn interest on the money you loaned yourself. You should watch my IUL on Steroids and Life Insurance Loans videos. In order to retire in 5 years, you'd have to put a lot of money into an IUL. IUls also need to be funded for at least 7 years.

[@Son1UPTu]

I want to open a IUL but I’m unsure if it right for me

[@WealthProtectionLady]

Watch these videos to help you make up your mind: IUL for Dummies: kzbin.info/www/bejne/iYqViJ93ntyDgZo&ab_channel=WealthProtectionLady Properly Structured IUL: kzbin.info/www/bejne/kJCQiKqLbdp9ZrM&ab_channel=WealthProtectionLady Life Insurance Loans: kzbin.info/www/bejne/m33Md4aDZt6UhJo&ab_channel=WealthProtectionLady IUL on Steroids: kzbin.info/www/bejne/pYumYpqOi7hmiq8&ab_channel=WealthProtectionLady

[@mikejones-ej7ps]

Can you help me set up up an IUL. I live in California

[@WealthProtectionLady]

Yes. Complete this questionnaire: application.wealthprotectionlady.com/

[@trujourney]

Great video. It’s all about how you structure the policy.

[@HR3EEE]

You are a great insurance communicator! Thank you!

[@WealthProtectionLady]

Thank you, Harold! You made my day!

[@HR3EEE]

@@WealthProtectionLady as relatively new advisor I’ve always worked to hone my presentations. Ive seen it presented many ways. Until I discovered you I thought I was the best. 😂I like your style. Thank you for the amazing library you’ve created!

[@rahulchakravarty1429]

Thankyou for the easy explanation though I still have no clue on how to go about it…I have a few basic questions though - 1) I have a 401k with my employer can choose not to continue with that and go for an IUL 2) Can have both does that hurt? I mean know I will have less in hand as I will need to invest in 2 places 3)If I chose to go with IUL and say transfer my existing 401k fund to IUL does that have any added benefit like less fees etc…does that give me any kind of boost/headstart in the 10-15yrs of period you mentioned it takes for the IUL to have any substantial funds?

[@WealthProtectionLady]

Hi, Rahul! You can have both a 401k and IUL. You cannot fund an IUL with a 401k. An IUL can only be funded with money you've already paid taxes on. For the most part, fees on a 401k are very high vs. that of an IUL but not all IULs are created equal. Some have very high fees. Watch my video IUL on Steroids.

[@rahulchakravarty1429]

Thankyou for your reply, If I were wish to open an IUL how to go about it and do you provide/facilitate the process if yes let me know the next steps. Full disclosure - I do plan to open one for sure but starting March-April next year

[@choosey87]

New subscriber !

[@eddiechristmas7695]

I have questions about currency that I may be getting can I put that in my iul for retirement

[@WealthProtectionLady]

If you are referring to living in a foreign country, it's difficult with an IUL.

[@tullumerechi281]

Why not advised for people below 35? You stated it takes about 15 years to make significant returns, isn’t then better to join at early age and earn more returns for longer years?

[@WealthProtectionLady]

IULs are great for any age except for those over the age of 65 because life insurance gets more expensive the older you get. Most of my clients are families -- mom, dad and the kids.

[@emilwoodsIII1970]

What company can I set up a account with

[@WealthProtectionLady]

If you are interested in an IUL, complete this questionnaire and we can find a time to talk. application.wealthprotectionlady.com/

[@eddiechristmas7695]

How do I find the best insurance company for the iul

[@WealthProtectionLady]

If you are interested in an IUL, complete this application. I have access to an uncapped IUL with a 2% floor through Minnesota Life. form.typeform.com/to/SNfW1IBA

[@067fanshorts2]

Great educational video I totally agree with you that atmost care needs to be taken while designing the policy. I am an IUL producer too can you pls clarify below ? Money taken out from IUL during retirement is taxable unless in following scenarios 1) Withdrawals done until your initial deposit (FIFO) 2) Taking the money out as policy loans. Any withdrawals done on the growth is taxable.

[@WealthProtectionLady]

Whenever you access funds from your IUL, you will always take it in the form of a loan. That way, it will always be tax free.

[@vincentharrison3314]

Why can’t I put a policy on a newborn baby

[@WealthProtectionLady]

You can but it would be expensive because new borns are a risk to the insurance company. Best to wait until the child is a little older.

[@brothersadrian2835]

How i can sign up for iul program

[@WealthProtectionLady]

If would like to schedule a time to speak with me, complete this application: form.typeform.com/to/SNfW1IBA

[@veenareddy4792]

Very helpful, thank you.

[@WealthProtectionLady]

You are welcome, Veena!

[@RAandMyself]

Interesting! This is an important topic, and not up my alley. So thanks for making it.

[@Alan-wl5de]

thank you so much

[@WealthProtectionLady]

You're welcome!

[@maricris889]

I applied for IUL but was not qualified because I didn't pass the medical exam. Is there other ways I can still apply without going through a medical exam?

[@WealthProtectionLady]

I am so sorry! I can completely understand your situation and how disappointed you must be. Did you get any message like you could re-apply in 90 days? Unfortunately, life insurance is all about risk, so they avoid taking risks on health issues. You are welcome to schedule a time to talk with me. You could consider an annuity if you are looking for a safe place to grow your money. Here is a link to my calendar: calendly.com/suecunningham-1/60min

[@PrivateMuseumTours]

Sue thank you for sharing. However, I see that IUL is not available in NYC. Is this correct? How do I go about signing up for those of us in the NY area?

[@WealthProtectionLady]

Unfortunately, because insurance is state regulated, the IUL I sell is not available in New York. I wouldn't even know who to refer you to.

[@susanwanja1609]

Thanks sue

[@WealthProtectionLady]

You are welcome, Susan!

[@susanwanja1609]

@@WealthProtectionLady please i need help how can i reach you....

[@WealthProtectionLady]

Susan, please email me at [e-mail]. I would be happy to help you!

[@susanwanja1609]

@@WealthProtectionLady yes i emailed you