The Top 10 Reasons NOT to BUY Equity Indexed Universal Life
Prosperity Economics, April 17th, 2012
The Top 10 Reasons NOT to BUY Equity Indexed Universal Life
By Todd Langford, www.truthconcepts.com Mt. Enterprise,Texas
Insurance companies have put numerous pages on the front of Equity Indexed Universal Life (EIUL) illustrations that describe the issues below, but most people (by design) will not take the time to read and understand what these pages are saying. I would encourage you to read those pages thoroughly before depending on an EIUL policy to increase your assets or protect your family.
Similarly, Universal Life (UL) and its cousin Variable Universal Life (VUL) have some of the same problems so I’ve spelled out the issues below and placed an * next to the ones that are specific only to EIUL. As stated earlier, all Universal Life policies are a side fund (money market for regular UL, mutual fund-like separate accounts for VUL, and index fund-like accounts for EIUL) plus annually renewable, or one year increasing premium term insurance for the death benefit.
Below are two articles plus some other information you must read if you own a universal life insurance policy and also especially if you are considering using Infinite Banking as a banking strategy. More »
Nelson Nash put the following together in 2009
The U.S. Postal Service was established in 1775. The Government has had 234 years to get it right and it is BROKE. More »
Categories: NELSON NASH, NO UL for IBC, U.S. Govt. Broke
I just noticed the formatting has disappeared on this blog post so click the following link to view a correct copy. IBC_Analyzing the cost of Universal Life Insurance
Analyzing the Cost of Universal Life Insurance Some may suggest that a person can use a universal life plan to run a personal banking system. There are many reasons why this is not true. In fact, if the contract is understood it is a wonder that anyone would want to purchase a universal policy at all. I will point out a few reasons then illustrate the most glaring one.
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Special Section: Wealth
Tax-Free Life Insurance:
An Untapped Investment for the Affluent
By LYNNLEY BROWNING
Published: February 9, 2011
Watch the CNBC interview video below about how Whole Life Insurance is a safe asset that should be considered for your portfolio. You can be sure of a beyond decent return.
It is now an asset class for the general public. It has always been for banks, corporations and college endowments.
Click here to view video
9 reasons to add whole life insurance as one of your assets, according to the CNBC interview.
Categories: BANKING with INSURANCE, CNBC - Life Ins. New Asset Class, FINANCIAL EDUCATION 101, NELSON NASH, Nelson Nash’s Thoughts On Universal Life And Variable Life, Universal & Variable Life Not For BANKING, VIDEOS
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