Matt, you confirmed my previous question that option B pays the Policy cash value & death benefit to the beneficiary. When i asked same question to chris kirkpatrick he said no,only death benefit
I need a glossary of terms. I’m not sure if I’m the dumb dumb or this gentleman is assuming laymen are conversant in insurance jargon. Is this page for consumers or insurance salesman?
Term insurance tends to be a bit of a commodity - not a TON of difference carrier to carrier on the actual insurance product. Find an agent that will show you multiple options - carriers / premium amounts / term length - that is usually a good place to start.
What's the expected rate of return in these illustrations? Is it taking the cap? I don't think it's realistic to capture the full additional upside every year.
Timing is never a winning strategy. This is something IUL folks never bring up. You only make money upto the cap only if you guess correctly and the market goes up.
By 8:34 I'm convinced they both suck. 9.5% cap is still really low. I don't think that is worth the drawdown protection if this is money the client wishes to invest long term. If they want something short term they should buy short-term bond funds etc that are less risky but don't have such a big middle man charge.
Matt, you confirmed my previous question that option B pays the Policy cash value & death benefit to the beneficiary. When i asked same question to chris kirkpatrick he said no,only death benefit
so much money for the agent with that $1M policy!! Vow
didnt see the target premium in these policy so hard to say how much the agent earned.
These admin/additional charges are crazy from the insurance companies!
And yet they rag 401ks and IRA fees 😂
I need a glossary of terms. I’m not sure if I’m the dumb dumb or this gentleman is assuming laymen are conversant in insurance jargon. Is this page for consumers or insurance salesman?
Both, Matt has a lot for agents that follow him. He has other videos so you can learn what they mean. Go the video playlist.
Can you guys do a video on term insurance and what is the best? Thank you.
Term insurance tends to be a bit of a commodity - not a TON of difference carrier to carrier on the actual insurance product. Find an agent that will show you multiple options - carriers / premium amounts / term length - that is usually a good place to start.
I was told recently that there are limits on IUL amounts based on age. Is that correct?
What's the expected rate of return in these illustrations? Is it taking the cap? I don't think it's realistic to capture the full additional upside every year.
Timing is never a winning strategy. This is something IUL folks never bring up. You only make money upto the cap only if you guess correctly and the market goes up.
He has other video series explaining all of that. Go watch them
Which top 3 IUL best for the accumulation .
several factors involved - reach out to our team and we would be happy to show you the top 3 options for your situation - leveragedwm.com/bookmeeting
By 8:34 I'm convinced they both suck. 9.5% cap is still really low. I don't think that is worth the drawdown protection if this is money the client wishes to invest long term. If they want something short term they should buy short-term bond funds etc that are less risky but don't have such a big middle man charge.
At 10:28 the guaranteed cap is only 2.75%.
@@Armenelos12 What are the core benefits of short term bonds?
So i am 27 if i put 15,000 in would i be okay or should i find something different
That is too broad of a question to answer. If you'd like specific direction & guidance - reach out to our team - leveragedwm.com/bookmeeting