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0:41
YouTube
Insurance Exam Prep by JustInsurance
Universal Life Insurance Explained — The Most Flexible Permanent Policy on the Market
Universal life insurance gives you something whole life and term can't — the freedom to adjust your premiums and death benefit as your financial situation changes over time 💡 Pay more when business is good and watch your cash value accelerate. Pay less when money is tight and the policy uses cash value to cover the cost of insurance. You ...
43 views
2 weeks ago
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Universal Life Insurance Explained
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The most important thing to pay attention to when getting an Indexed Universal Life Insurance Policy, is the way it is structured! I can’t stress enough how much misconceptions are made about an IUL simply because it wasn’t structured properly and it has nothing to do with the product itself! So if you are ready to set up an Indexed Universal Life Insurance policy, make sure it is structured to benefit you and not your agent’s pockets! Speak to a professional who can explain how exactly an IUL w
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👀Here’s how. It’s called an Indexed universal life insurance policy💰. In the above example a 35-year-old healthy individual saves $1200 a month into an IUL. Here’s why 1. They’ll average 6-10% returns with no risk in the stock market, so they can’t lose money. 2. Their money is growing completely tax free and liquid so they have access before 59 1/2 with no penalties. Along the way they can access that money for future businesses, investments, real estate, opportunities or emergencies, and pay
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