WealthMindFree guide · 18 pages · Instant download
Before you buy an IUL, read this.
Indexed universal life can protect your family and build tax-advantaged savings. It can also disappoint when it's designed or funded wrong. This plain-language guide shows you how to tell the difference.
- Whether an IUL actually fits you, and what to do first
- How funding level changes everything, and where the MEC line is
- Fixed vs. indexed loans, with a good-year and bad-year example
- What underwriters look for with diabetes and blood pressure
- 12 questions to ask any insurer before you sign
What's inside
Twelve short chapters, written in plain language
Is an IUL right for you?Who it fits, who it doesn't, and what to do first.
Design by stage of lifeChildren and grandchildren, working adults, and people 50+.
How you fund itTarget premium, maximum funding, and the MEC line.
Caps, floors, and creditsA worked example in a strong market and a crash.
Policy loansWhen fixed loans help and when indexed loans hurt.
Living benefitsUsing your policy if serious illness strikes.
Underwriting and your healthHow to get the best rating you qualify for.
Reading an illustrationGuaranteed vs. projected, and how to stress-test.
Red flagsThe mistakes that make policies disappoint.