IUL on Steroids

[@hinkwanwong9315]

On 22:56 why is first few year interest so low, at ~0.2% rate of return. Which portion of money is earning interest/investment? If you work out at year 30, your total money in was $360000, your surrender value is 920k . This equates to 2% annual compound rate of return versus a single simple savings account. This is abysmal even with tax savings

[@WealthProtectionLady]

The index is a 3-year point-to-point which means you are only credited interest once every 3 years. The first 2 years, you would see 2% interest credited because when you contribute your monthly premium, that money first goes into an interim account earning 2% interest daily and then on the 3rd Friday of every month, they move that money into the index, so even though you won't see interest credited from the index until the 3rd year, you'll see that 2% interest. The maximum illustrated rate in this video is based on I think 6.32% but that number is meaningless. What matters is how the index actually performs which is currently 24.36% including the combined 355% participation rates.

[@shoppinbagdizzy]

Awesome video! Can someone get appointed with this company if they are not with an agency?

[@WealthProtectionLady]

Yes. You can be appointed as an independent agent.

[@Yaw_Jr]

Excellent presentation.

[@Rightousbleavher]

Hello what is the required income you take on as a potential client…would you take on a client who is under 40 making 60k?

[@WealthProtectionLady]

No required income. Yes, I take clients who make $60,000

[@christinacain8280]

I have an IUL with Accordia Life. I didn’t do any comparisons before going with them. Do you know anything about them? Are they a good company to have an IUL?

[@WealthProtectionLady]

I have never been appointed with Accordia. I really don't know.

[@LeandraCas]

Can you post credit history comparing National life group iul using the Pacer index vs Securian sp 500

[@WealthProtectionLady]

National Life Group is one of the most expensive IULs out there. I would steer away from NLG.

[@LeandraCas]

@@WealthProtectionLady Okay. Are you licensed to sell-National life group ? Or Your just contracted with Securian? I’ve gotten lower rates with national life group compared to Other insurance companies like example americo etc

[@WealthProtectionLady]

@@LeandraCas I am not appointed with NLG, but I am appointed with many other carriers. For IULs, I go with Securian. They have a combined 335% participation rate which is guaranteed at 100%. NLG guarantees their's at 50%. Securian's S&P PRISM index is the #1 Best Performing Index in the industry with an average annual return of 25.89% because the index is rebalanced at the end of every business day. The Pacesetter index is rebalanced monthly. Securian is the lowest cost IUL in the industry and just one reason is that they begin reimbursing you for your expenses beginning in year 11 and by year 20, the first 10 years of expenses will have been reimbursed. Based on a 45 year-old male contributing $15,000 annually for 20 years, the expenses after 30 years is something like $260,000! Not all IULs are created equal.

[@HeavenlyAngels85]

Can you help me Start Iul with index

[@WealthProtectionLady]

Yes. If you complete the questionnaire from the following link, I'll get back to you. application.wealthprotectionlady.com/

[@presmtb227]

Since the example policy above is a 10 year commitment, I assume that premium during the 1st 10 year is required but not required after that? Also, if you wanted to pay a loan off, how soon can you do it? and can it be paid off in partial payments or lumpsum?

[@WealthProtectionLady]

Premiums are required for 7 years. If you want to pay a loan off, you can do it starting immediately and it an be paid in a lump sum or in payments.

[@presmtb227]

​@WealthProtectionLady, what happens to the money used to pay off the loan?

[@shanebelcher5656]

How long have you been writing insurance investment policies? I've learned quiet alot from watching several videos about I.U.L's. Now I know what questions too ask my agent before I sign up. Thank you

[@WealthProtectionLady]

I've had my life insurance license since 2014. I'm so happy you learned a lot!

[@spineshnkpetro974]

@WealthProtectionLady I'm looking into this for my 18- and 21-year-old sons. I had a local agent give me a breakdown of his IUL, but unsure if he has their best interest in mind. Where are you located, and do you work out of state? Also, would it be viable for them to start one at their current age?

[@WealthProtectionLady]

I am licensed in every state. An IUL is a great investment for kids and adults. If you would like to get an illustration from me, complete the questionnaire from the following link and I'll get back to you: application.wealthprotectionlady.com/

[@suechathavong5966]

Looking to buy one for the kid how we contact you ?

[@DorvilMG]

@WealthProtectionLady I'm a 52 year old father of 3on a tight budget and want to setup an IUL. how much do I have to pay monthly for an IUL? Thank you

[@WealthProtectionLady]

It depends on what is comfortable for you. If you have a 401k through your employer, a lot of my clients have stopped their 401k contributions and instead, putting that money into an IUL where it is safe from market losses.

[@patienceankrah4219]

I am 61 years old female with a 401K with a former employer, can you helm me roll it over pls?

[@baileyembry6057]

Unfortunately the links do not work 😢

[@WealthProtectionLady]

Thank you for letting me know! I just re-did the video yesterday for the 4th time and fixed the links. Here it is: application.wealthprotectionlady.com/

[@daughterofzion18]

Greetings. I’m interested in becoming one of your clients, but neither one of the links work.

[@WealthProtectionLady]

Thank you for letting me know! I just re-did the video yesterday for the 4th time. I just fixed the link. Here it is: application.wealthprotectionlady.com/

[@christinacain8280]

Can I get an IUL for my 6 yr old grandson? And would $50/mo be a sufficient amount?

[@WealthProtectionLady]

Yes, you can get an IUL for your 6 year-old grandson; however, you son or daughter would need to have twice the life insurance as the child (and that can be through work) and he or she would need to be the owner. You could pay the premiums. $50 is sufficient.

[@christinacain8280]

Can I have multiple IULs? Like, with different companies?

[@WealthProtectionLady]

Yes, you can; however, life insurance companies won't allow your combined premiums to be more than 20% of your annual earned income.

[@chriskrueger1865]

What does IUL stand for??

[@ejbarraza]

Indexed Universal Life Insurance.

[@chriskrueger1865]

@@ejbarraza Thank you

[@FrankCarnevale-sp9pw]

Awesome video! Can you start an IUL at age 57 if you want to retire at age 62? Can you do very large contributions ($100k/yr) for 5 years and start taking loans at age 62? Thanks for your help!

[@WealthProtectionLady]

Yes, you can start an IUL at age 57. You can start taking loans at 62 and you can make $100,000 annual premiums for 5 years and be done.

[@vialee6828]

I want to start an IUL may help me get started

[@greggkaufman9186]

Yes - I can show you a comparison of 5-10 companies instead of just one. Need your state.

[@javiervergara9318]

​@greggkaufman9186 Why does he need to see 5-10 other different options if she's showing the best in the market right now. Don't you agree?

[@lorirourk8418]

I purchased the Allianz 222 Annuity just under 2 years ago and put in $500K when I transferred it from my 401K (pretax dollars)…but now I am wondering if I should have gone with an IUL like you showed in the video…I am 60 and would like to start taking loans out of a IUL at 65…any recommendations?

[@SeaOtter65]

How ma y years before it can pay for itself

[@WealthProtectionLady]

That depends on interest crediting, but also Securian begins reimbursing you for your expenses beginning in year 11 and usually by year 20, the first 10 years of expenses will have been reimbursed.

[@barrywittine6513]

Am I too old for an IUL? I'm 70 in good health and I'm trying to minimize tax. I have a sizeable taxable account and also IRA''s, and I''m looking at RMD's soon. Ive been looking into a single premium whole life with a LTC rider.

[@WealthProtectionLady]

An IUL is not recommended for people over the age of 65 because life insurance gets expensive the older you get.

[@f.m.2876]

An Annuity with a LTC rider would be better for you. Look in to it.

[@EyesOpenNInquiring]

Can I get IUL for my 24 year old son? If so, what is your email?

[@teklasmom4156]

Thank you

[@liors1364]

Can you invest one lump sum for 10 years? 12,000 a year for 10 years (120000). Basically set it and forget it.

[@WealthProtectionLady]

Yes. That lump sum would go into a Premium Deposit Account (PDA) where you can break that up into 10 years. The first year's premium would be paid and the rest of the money is sitting in the PDA earning 5% interest and then every year's premium would be paid out of the PDA.

[@liors1364]

Thank you