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
- 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