2023 1004 – LIFE180 – Indexed Universal Life Insurance Will Get Crushed Over The Next Decade – [YouTube-41:54]

  • Levers
  • IUL – Traditional UL with an Option Strategy
  • 5:00 – P1P2 – [Bonk: Nope]
  • 07:30 – Pricing of Product-?
  • Lever #1 – Administrative Charges
  • Lever #2 – COI
  • Lever #3 – Riders
  • Lever #4 – Cap Rates – Riles up people
  • Expectations – criminal – max fund – performance –
    • not bad products, bad sales presentations
  • Lever #5 – Loan Rates
    • arbitrage
  • Examples – Nationwide =
  • 21:00 – “curtis ray” “mutual of omaha”
  • 41 – iuls blowing up soon, i just want to be the guy who calls it, 
  • 43 – Doug Andrews – double their money in 7 years….he sells transamerica, paclife, teaching agents, rule of 72, he doesn’t consider cois, ets. fraud, scamming the people they love and care about. [Bonk: 1993 – GOV (Senate) – Jerry Keating, Agent – John Hancock]
  • 47 – 60-75 yos are Dougs target market. nobody would buy it if they understood…levers … [Bonk: 1970 – GOV- Denenberg]
  • 50 – wfg – rings and awards
  • 52 – context of questions —– [Bonk: cost / works /Anna Rappaport]
  • 55 – iuls blowing up, effect on family, [Bonk: Systemic Sisk]
  • 58 – Doug Andrews – guaranteed 8%, how does he get away with this. because he’s not licensed.  if you were licensed…. you couldn’t get away with that