2024 0824 - BetterWealth - DEBATE: Whole Life VS IUL - Which Permanent Life Insurance is Better? With @LIFE180 & Terry Rocks - [YouTube-01:34:19]
- - lapse
- 27 - Mortality
- - Reduced Paid Up (RPU)
- 1980a - increase cois, ul, overselling performance
- 30 - nar, coi,
- how companies make money - coi -
- 32 - corridor, actively managed -
- 35 - iul needs a lot of maintenance - sophisticated clients
- 35- all my personal wealth is in the market
- wl will outperform the market
- 37 - iuls need active management
- 38 - pitch for iul - train wreck - lapse - 95% - 50%
- 39 - life insurance - bad reputation - carriers don't care - just bring in the money
- iul - vul - poorly structured
- 42 - as long as i pay my premium
- partner with mutual company
- liquid accessible capital
- semantics
- 44 - people say - do what ray kroc, walt disney did
- 46 - [Bonk: what companies are they talking about?]
- Ohio National-? - demutualization
- 48 - leadership, bobby samuelson, company, demutualization, contracts, caps. culture,
- 53 - A-Z - Allianz-?
- 55 - my bs radar - [teaser rate]
- levers -
- 57 - smoke and mirrors
- 58 - mlm, people are going ro get hurt - regulations - regulators
- infinite banking - regulators were going to shut down infinite banking, arbitrage,
- 102 - everything can change - 30 years - income stream 65-85, volatility buffer
- 107 - tiktok
- 110 - company reinvestment risk
- 117 - iul - minimum premium / wl - apl
- 118 - iul needs active management
- smoke and mirrors
- who is right, who is wrong