Do You Have a Friend Selling Indexed Universal Life Insurance?
But IUL is no way to get great guarantees on your money.\xa0 If\xa0you want to help your friend, you might even be able to pay them the commission they would have earned if you bought the policy from them, and still come out ahead! \U0001f633
IUL is a hybrid insurance product based on term insurance where the cost of insurance is increasing every year. Discover why guarantees from Whole Life insurance are better\u2026and if you really want to invest in the index fund, go ahead and invest directly so your growth isn\u2019t capped. \U0001f4b0
Also on this show - a request from a Wealth Talks listener on Social Security: What might happen in 20 years and should you be worried about not contributing more?