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11min chapter
110: Why You Should Just "Say No" to IUL
Strategic Whole Life by Infinite Banking Authorized Practitioners
Deceptive Practices in Selling Indexed Universal Life Insurance Policies
The chapter sheds light on the deceptive practices used in marketing Indexed Universal Life Insurance policies, focusing on misleading hypothetical illustrations and the risks associated with these policies. It explains the difference between IUL and whole life insurance, emphasizing how IULs shift the performance risk back to consumers. The chapter also addresses the costs and complexities of IUL policies, highlighting how gains are detached from company performance and options are used by insurers to mitigate risks, ultimately impacting policyholders.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode