AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Unpacking Indexed Universal Life Insurance
This chapter critically analyzes Indexed Universal Life (IUL) insurance, exposing its complexities and potential drawbacks as a wealth-building tool. It contrasts IUL with Whole Life insurance, emphasizing issues such as rising costs, limited cash value in initial years, and risks of policy lapses. The discussion urges a reevaluation of investment choices, stressing the stability of Whole Life insurance for long-term financial planning.