What is an IUL Account

[@lancepayne7528]

I've never heard of this, and now I need to read everything about it.

[@missedfortune]

We invite you to order your copy of The LASER Fund by visiting www.laserfund.com.

[@insurancebanker]

Instant Fan. I knew these benefits existed in Indexed Universal Life. It's by FAR the best asset to put money in if you want low risk and steady return! I sell these as an life insurance agent / financial advisor and bought one myself (without multipliers). Doug is spot on when he says "structured correctly, funded properly and rebalanced to earn". This channel is definitely worth following and can't wait to learn more.

[@ZeraHorn]

I want to open one asap. I've been procrastinating over a year but I'm ready now

[@missedfortune]

Hey there, you can setup a time to speak directly to an IUL Professional we work with here: www.3dimensionalwealth.com/getstarted

[@coachkenny]

Am meeting an advisor next week to discuss

[@MoneyStrategiesSOULutions]

FYI most advisors would advice against. 1. they don't understand how it works 2. they will likely loose all their commission.

[@coachkenny]

@@MoneyStrategiesSOULutions then I would get another advisor

[@missedfortune]

If it doesn't work out with your advisor, feel free to reach out to an IUL Professional we work with here: www.3dimensionalwealth.com/getstarted

[@Mr.EverWell]

Hello Doug, thank you for sharing this great information. Where can I find the mindmap you shared? Thank you!

[@nilla003]

Nobody is making clear what the IUL cost, the premiums, the fees etc. I'm 61 and it seems that the costs would be high.

[@Zozq2345]

Cost can be high if not structured properly....max funded is key....a true iul insider would sit with you and go over all cost and benefits

[@xentaatnex8261]

This guys is giving me some serious salesman vibes.

[@k.t.1594]

Yeah, and sounds really angry too.

[@lizandrade1891]

What would be the ideal monthly amount one has to put in for this type of an account for a person in their early 30’s, with hopes of eventually using the money to invest in real estate

[@missedfortune]

To best answer your question I invite you to schedule an appointment with one of the IUL Specialists we work with. You can schedule an appointment by visiting www.3dimensionalwealth.com/getstarted.

[@sarojthapa4218]

What is the relation in-between IUL and Rule of 72? The money placed in IUL doesn't grow on the basis of Rule of 72? It depends on index performance!

[@petepicariello4749]

He's just talking about the time frame for your money to double based on the average rate of return.

[@thewoundedhealerremapintl2887]

The rule of 72 simply means if you divide 72 by whatever interest rate your money is earning the answer you get tells you the approximate years it will take your money to double. So, if the rate is 1%, your money will double after 72 years.

[@JasonCWaite]

Cool. But what about trusts to take out the loan?

[@awazioglu1982]

Can people in the UK sign up to this?

[@eastwick3237]

Is their an instance where the cash value and the savings go to the policy holder and death benefit and not the insurance company

[@missedfortune]

Yep. If you want to leave behind more money, you can structure it that way. It just costs you significantly more than if you were to allow your cash value to be part of the death benefit. What you may not understand is that under option A, a level death benefit, we are self insuring. Meaning, we allow our cash value to become part of the net death benefit thereby allowing the net amount at risk to decrease, which in turns lowers the over costs of the policy and increases the internal rate of return. By doing this, our cash value becomes our death benefit and is passed on to the beneficiaries. Again, if you're looking to pass down a larger death benefit, you can use a option B or increasing death benefit. This ensures that there is a fixed death benefit on top of the cash value. But again, this increases the overall costs of the policy. In either case, the insurance carrier does not "keep" the cash value.

[@pamscasa]

I am just beginning with IULs for customers. My customers may not necessarily have $500/month to fund, but would have between 100 and 200/month. Is it still a good vehicle for those with less means?

[@The_Walking_Asset]

Thats not enough to max fund. If they only have $100/$200 per month. They should start a Roth IRA.

[@sarojthapa4218]

Yes it is but the cash value growth is slow because a certain portion of premium goes against COI and other internal expenses and the rest goes into investment.

[@Blackstallion_insurancebroker]

That’s not enough to max fund. That amount usually is only enough to pay for the minimum base premium.

[@Mr.EverWell]

you’d have slower cash growth but it can be done!

[@MoneyStrategiesSOULutions]

@@Mr.EverWell how about start with Whole Life first then if little cash?

[@chrisvinson9579]

No baking powder is used for cooking not baking soda.check that

[@chrisvinson9579]

Say put in 100.000 how much can you borrow.

[@chrisvinson9579]

That use baking soda not baking power.

[@TheWealthyIdiots]

Can you show the P&L for your plan?

[@paulclimenti821]

How do I get one of your books sir?

[@missedfortune]

You can claim your copy by going to www.laserfund.com

[@chrisvinson9579]

Are not funded or structured properly. So dont do it.

[@jasonbowman709]

An IUL is not like a Swiss Army Knife. Actually, it's like a hammer. Because to the sales reps hawking it, everything looks like a nail.