Awesome! Thanks for watching!

Thank you for watching! Please come check out IUL Insiders for professionals. I have training, tools and resources built for professionals. Free Webinar: iulinsiderpro.com/training-registration

Same! What company are you with?

You don’t know the truth about IUL if you think Doug has helped you. I need to share with you that Doug doesn’t have the best reputation in the world. He’s known for not disclosing important facts. For example, in tenured IUL, the insurance company can lower the cap rates, the participation rates, increase the policy and administrative fees. Those facts are not being disclosed to clients. Clients have to learn it the hard way

My pleasure. If you want to learn even more, check out this playlist: kzfaq.info/sun/PLF8af6gsBLfluNIRv7jllRl43tfIUGlmQ

I appreciate that! Make sure to check out our channel for more information!

Awesome! Thank you!

Glad you enjoyed it!

You're welcome!

Great to hear!

Are you serious? This is great stuff? Have you seen the lawsuits against his company? In 2012, he was sued by Meiling Children Ltd for $427k for defaulting on a loan. His son was sued by a elderly veteran for selling an IUL that didn’t perform as promised and the vet ended liquidating emergency funds and retirement accounts just to keep his policy in force. He was involved in a class action lawsuit in which 66000 policyholders were sold policies that were poorly designed and 24000 of those policies lapse. He was also part of a Ponzi scheme that conned 4400 people out of more than $1 billion. Is this someone you would seek advice from or learn from?

@@christham7852 you wanna pay extra premiums for guaranteed returns, then get a whole life policy, no big deal

@@rr884136 What a weak argument. If you are so sold on IUL, You would have a better argument.

Thank you

I agree but I don't believe that people really understand the risk associated with IUL's.

Sure. But how often does that happen? Has it happened? Under what circumstances?

That’s true. But whol life policy guarantee cost very high from beginning. And IUL cost increase slowly year by year. From this point. IUL paid less cost than WL

First of all, an IUL company won't raise costs on a whim. To do so would destroy their book of business. It could happen but unlikely. What they can do is greatly reduce the crediting renewal rates, and future cash value growth can then be greatly affected. And that can force a client to 1035 exchange their policy somewhere better. So you want to work with a company with a good history of good renewals on crediting. Whole life companies can also raise rates. All insurance companies can do that. AND whole life companies can change dividends rates once a year. Dividend rates have dropped dramatically on ALL whole life companies over the last 15 to 20 years. As a result, none of those original illustrations, not one, will pan out as illustrated...not even close. But, you don't have to worry about the policy crashing on you as long as you have funded it. And you can always go reduced paid up. There is no such thing as reduced paid up with IUL. So if you decide to stop funding it permanently before you originally intended, you will need to reduce the death benefit as low as they will allow you to reduce costs and have the policy last.

@@citizencain8877 it has… look at the term rate adjustments through Covid….. some changed as much as 17%

You are very welcome

Hey! If you would like to explore the LASER Fund options, go ahead and schedule a time to speak to an IUL Specialist that we work with here: www.3dimensionalwealth.com/getstarted

Thanks Bill. More of a general statement I was making but some whole life companies have tried to really improve their loan provisions but they are still vastly lacking. Most IULs have great loan/income options.

I've heard of people getting a line of credit against their cash value for a lower rate than a policy loan. Maybe you could get one for 2-3% with current interest rates. However, if interest rates go up, any arbitrage like this may go away.

Are you serious? IUL’s are far superior? Do you not know that the insurance company can control the cap rate, participation rate, policy and admin fees?

You should look at an IUL that has a waiver of surrender rider. This would also allow you to have maximum cash value, but you get the better growth and structure of an IUL!

Allianz has a rider that waives surrender. About 85% liquidity in year 1

Looks like you're referring to getting a bank loan or line of credit with the policy cash value as collateral...instead of borrowing from the insurance company. IUL won't be as good as whole life since IUL isn't as safe in the early years no matter what Doug says. What Doug is glossing over is those first 10 to 15 years in an IUL. The policy must perform well or things can get a little dicey. Later the costs are much lower, so there's more room for error. Having early cash riders on IUls aren't that good since it drives up the cost and hurts cash value. And you really need the IUL to accumulate well in those early years. For banking purposes, whole life is superior hands down. With IUL you can only borrow against the cash surrender value, NOT the cash value. There's a difference. IULs have a 10 to 15 years surrender period. So you have less of your cash value to borrow from. With whole life you have all the cash value to borrow from. And your bank is growing each year no matter what. If IUL has a zero year, not only will you get no cash growth, but you will lose cash value to costs. Not good for banking. And the top whole life companies aren't dropping guarantees to 2 percent. More like 3 to 3 and 3/4 percent with the dividend rate increasing. So total return is still the same. I will be happy to go over these things in more detail with no strings. I like Doug and have all his books. But he is a lot of sizzle and no steak sometimes. He can leave out some important details.

@@victor4advice How are costs of an IUL much lower later on if the cost of insurance will always go up as someone ages?

IUL is not as good for banking than whole life. And premium financing destroys that. Premium financing is only for enhancing tax free retirement. Now...you can design an IUL to produce a lot more cash value in the first year, but it greatly reduces commissions. So most agents won't do it. You can get a first year with IUL when you don't get any crediting, so the only CV will be premium, and costs would still come out. So not good for banking. If you want to establish a good bank to leverage, whole life is the way to go provided you work with someone who knows what they're doing. IUL can work for banking, but you have to wait a few years to establish a solid amount of money in CV.

What proof do you need than 500,000 China virus dead?......

"Buy term and invest the rest" 🤡

Would you like us to calendar you in on a strategy session on zoom that will allow you time to ask all your questions? I stopped working with PRIMERICA years ago for same reasons!

It’s unfortunate. They are actually trained to talk badly of these products. And they are legitimately life changing for people… for the better. Same with Ramsey. He has zero ethics and had no idea what he is talking about.

@@lisaroemer2569 very flawed rational....get educated...

You can change the indexing strategy on the IUL. Some of the companies I represent have a uncapped strategy, the participation rate might be lower, maybe 45-50% but in years when the stock market is earning 30-25% it still outpaces the capped strategies over a longer time horizon.

Hey Steven, these are all great questions! Many of which are answered in my book The LASER Fund. I'd suggest getting a copy and diving in there. Http://laserfund.com

Not all policies have caps. The returns in the policies of 30-61% were all using a strategy we use called rebalancing. We moved all of the policies indexing allocations to no cap options so when the market recovered, the policies were credited all of those gains.

I stop following recently because I realized he wasn’t educated on exactly how IUL really works

@@dawsonbullard7065 who are you talking about? The guy from the Life 180 channel?

@@TheOpinionSports yes the guy from 180

Chris Kirkpatrick is great. He's also got the $1000 IUL challenge that no one has claimed yet apparently.

This is simply not accurate... so many things wrong in this video...

Hey Marcus, great question. Are you open to seeing an illustration? Let me know. We can schedule a quick appointment

I invite you to have one of our IUL Specialists evaluate what you have in place to get your best answer. It is no cost and no obligation. You can setup a time to speak directly to an IUL Professional we work with here: www.3dimensionalwealth.com/getstarted

John, there is usually a medical exam for all types of life insurance. The companies that offer a no medical exam policy usually charges a higher premium for that.

John .. that mainly depends on your age .. if youd like to join us for a free 15-20 min strategy session on zoom customized to your needs we can calendar you in if you wish ? We are licensed agents !

Numbers don't lie. Thank you for watching!

96% or more of UL is structured incorrectly thus many of them lapse. It must be done correctly. Here are just several of our thousands of policies that are working well for clients. kzfaq.info/sun/PLF8af6gsBLfnuEQPmmm-YUM2fsk1wp4Nj

This might help! kzfaq.info/get/bejne/bJ1koKqJrNuzcqM.html

Hi Christian .. if you’d like to join us on a free strategy session on zoom we can calendar you in? Presentation lasts 15-20mins then you can ask questions.. we are with National Life Ins

Hey there, you can setup a time to speak directly to an IUL Professional we work with here: www.3dimensionalwealth.com/getstarted

You should be able to register for the webinar tomorrow: iulinsiderpro.com/training-registration

Hi Luis, If you would like you can schedule some time with an IUL specialist who can run some examples for you: 3dimensionalwealth.com/getstarted/

Hi Luis If you’d like to join us on a free strategy session by zoom that allows you to see different options we can calendar you in?

Hi Rob If you’d like to join us on a free strategy session by zoom we can calendar you in & answer your questions along with giving you strategy options in line with your needs?

@@mgrpeterbehn9541 Hi....yes.....

Hi David if you’d like to learn what National Life Ins offers we can calendar you in on a 15-20min strategy session that allows you questions afterwards with my partner & me both licensed agents?

Correct

There are several IULs today that have no caps; particularly on low volatility indexes. There are several that also have no cap S&P 500 options with either a threshold (market minus threshold) or participation rates below 100%. If you would like to learn more and see if any would be a good fit for you, feel free to reach out to one of my recommended IUL specialists. 3dimensionalwealth.com/getstarted

Sure, you could borrow from the policy and earn in places like real estate or a business. Additionally, if you leverage the right uncapped strategy (and good market timing) you can get 25-55% gains just from the indexing alone. Minus the interest on the loan and policy charges, obviously.

Great idea!

@@missedfortune Thanks I will be looking forward to it as VUL doesn’t get many comparisons.

Depends what your criteria for "best" is but Allianz, Ameritas, F&G, Nationwide, Symetra, Lincoln, and arguably North American are among the best for Cash Value Accumulation and Flexibility

@@christophernissen1591 thank you

Yes, you can view pricing here: iulinsiderpro.com/yes

Only the face amount. Replay one more time and listen to what he teaches about the small corridor of insurance you are purchasing. For example, if you have $1M policy and the CV is $750,000. You're only purchasing $250,000 in insurance. Not $1M. In the later years when insurance is expensive you are only purchasing close to 5%. It's peanuts but keeps all your cash TAX FREE

Well said, thank you!

@@bobby_ewan not true the beneficiary gets the face amount plus the cash value in an IUL if it is structured as an increasing policy which basically means the cash value is stacked on top of the DB over time. Then at the point an individual starts taking money out of the policy you want to level the DB to reduce the cost of insurance. Now if the DB is set at level the entire contract then yes the beneficiary only gets the face amount

It's possible depending on surrender value. I've done a lot of these 1035's for my clients 👌🏻

Yes its possible. I've also done this for my clients.

Don't do it.

You have the option of allowing the loan to accrue, or you can pay it if you want. Whatever is still owing at the time of death is simply deducted from your death benefit.

Hi Marquez family .. if you’d like to join us on a 15-20 min session on zoom we can answer your questions?( se habla español )

Steve, what happens is as you continue to fund the policy and hopefully get some returns on the indexes you cash value gets closer and closer to the death benefit amount. The risk to the insurance company is only the difference between the cash value and the death benefit. So the cost of insurance based on mortality doesn't get cheaper but the amount of risk that the insurance company needs to cover gets less, so the net cost is less. He didn't explain that very well because your instincts were correct that the cost cannot get cheaper as you get older but the insurance company has less risk the closer the cash value is to the death benefit.

@@brucewehner306 I’ve learned a lot since I posted this 4 months ago. The assumption of people who sell IUL is that the cash value will be so high that even the expensive renewable term cost of insurance with no guarantees will some how be infinitesimally smaller than the cash value to where it doesn’t even make a difference when this is not the case. It will continue to go up and the growth of IUL is not what it’s cracked up to be. The only thing I can think of where IUL may be okay (and I still need to research this) is in a similar plan to what Gerber Life offers where you get a policy for a new born baby and it pays out around age 21 - so it’s not for life. Cost of insurance will be extremely low then with a baby to a young adult and it would pay out in their early twenties. Even then though there are no guarantees- but it would be cheaper than Whole Life for that portion of the persons life. They could take that pay out at 21 and then put it in whole life at that point. But overall IUL seems like a pipe dream with a lot of hype that doesn’t actually perform like the illustrations in reality. To get the types of numbers that Doug Andrew talks about, I’d rather use “The FlexMethod” - it’s like what Curtis Ray is trying to do, but instead of using a Mutual of Omaha IUL and putting a private loan in at 4% interest on the loan debt, it’s using properly structured whole life and doing infinite banking with a loan at 3.5% interest on the debt of the loan to use leverage - so you get all the guarantees of whole life at 5% a year - but actually get double digit returns - in some cases over 15-20% yearly thanks to the loan and leverage you are putting into your cash value. Everything else out there is a joke as far as I’m concerned. This method wins - no contest.

@@stevenmccartney What you are saying makes sense. I don't like the outside personal loans against the policy CV because they control the terms and often times make you assign the entire contract and even as you pay back the loan they will not release the CV. You get a little lower cost of capital but give up control. I am impressed how you are thinking through this. IUL's can be used for certain things, if the contract owner understands the risk and is able and willing to supply more capital if needed. If we go through another lost decade like we did in the 2000's when the indexes were basically flat, not only do you not get index crediting but you also risk the chance of increased fees because the options purchased by the insurance company become more expense. Nice chatting with you.

Hi Mona If you like to join us on a free strategy session on zoom we’d be happy to calendar you in? We can customize it to your financial circumstances !

Mona, I would not do an IUL unless I can put it at least $500 to $1000 a month; and yes the same priinciples apply, you can borrow against your policy. It just takes longer to build up cash value due to less premium payments.

Yup. Dudes like this are only giving half the story

We are able to put 58% more premium into our new IUL vis-a-vis the updated 7702 funding limits. I’m not sure if the increase would have been different in a Whole Life policy…?

The new 7702 rules apply to IULs and whole life. Same affects apply. I don't know how you can tell which type of policies can be funded more. PUAs do have the advantage of liquidity, and whether to pay them or not, obligating a client to only have to pay base and whatever little amount needed to keep the PUA rider intact. But what most people don't know is that you can greatly reduce the target premium on an IUL (keep the increasing DB option) and blend in term to keep it from MECing. When you do this, not only do you greatly increase the efficiency of the policy and long term health, but you greatly increase the cash surrender value first year...without putting a costly early cash value rider on the policy. It's the secret sauce and makes the IUL act like a whole life to a certain extent. Long term cash value increases and so does tax free income. But most IMOs won't teach it because when you cut target premium 50% or more, you cut commissions 50% or more. I'd rather take the commission cut and put the client in an IUL on steroids. And if a client comes to me with an illustration from another IUL agent done the way most do it, I can take that business all day long by showing what an IUL can look like done differently. Better for the client and I still make good money. Having said all that, there is one insurance company that has 100% cash surrender value in the first year. In other words, cash value and cash surrender value are the same first year and all years. AND no extra cost to do it. AND full commission as well. So you drop 25k first year, say it earns 10% first year. So your cash value and cash surrender value are the same. Only draw back...if the client terminates the policy during the first 5 years, you will give back some commission depending on what year. But it's a powerful concept with a company that has a comdex in the high 90s. Bottom line...whole life - IUL...both good depending on the situation and the client.

@@victor4advice do you have an email I can contact you?

Get Your FREE Copy of The LASER Fund Today by visiting our website! laserfund.com/free

Assuming I’m gonna die in my 70s

What state are you in

Hi Liami If you’d us to schedule you in on a free strategy session by zoom we can show you all the advantages of starting a policy at 22 yrs of age? Will show you scenarios where you will be able to take $ out decades before retirement without being taxed!

Hi Liami. I work with 77 products providers and have the number one selling IUL in North America in the past several years and can share with you that company if you are interested to know. PM me. Have a wonderful day. God bless!

@Earl Thomas Depends on the carrier and type of policy! Doug is the best in the industry and can help...

@@keithderosas542 The question was about converting his term into a perm. policy, which in some cases can be done based on the carrier and type of policy. For example if his term was $500K and he wanted to convert $250k of it to an IUL some carriers allow you to do that. However, I have NEVER seen the ability to convert a whole life policy... Maybe I am wrong here and missing something?

@@KMLamberson I assumed it was for an IUL. But you're right you can convert term to regular whole life depending on carrier

State Farm Select term 20

@@earlthomas7464 www.statefarm.com/insurance/life/resources/converting-term-to-permanent You can convert with in State Farm... but I know that state farm doesn't offer the type of IUL needed to pull off what Doug Andrew is speaking of in this video...If you can work with Doug and his crew TRUST me you want to... I do not work with Doug and his Crew but I am open to answering any questions you have... 866. 366.2783

Have you tried nationwide or pacific life?

@@pritpalsinghnarang275 yes, name the product that is an uncapped IUL from NW.

@@mattmcdonald5857 the New Heights Accumulator. Solid index choices as well. Guaranteed participation of 100%

@@mattmcdonald5857 I've NEVER seen a provider with an uncapped gain and/or high fees. I also would like to know.

@@astroman30 you have to give up something to get an uncapped growth option. I am going to find out and come back here. The cost of insurance with NW is very high compared to other companies.

Hi Pearly If you like to be calendared with us on a zoom call strategy session we can show you many different options?

Hi Pearly, I’ve ran into your situation multiple times. You can use Roth IRA instead if you qualify.

We have many, we don’t publish them all as case studies however. Although we have published a few on this playlist. Does IUL Work? kzfaq.info/sun/PLF8af6gsBLfnuEQPmmm-YUM2fsk1wp4Nj Does IUL Work? kzfaq.info/sun/PLF8af6gsBLfnuEQPmmm-YUM2fsk1wp4Nj

@@missedfortune Hi Doug, not trying to offend, but would like to see an "actual" policy that has performed for 5,10,15,20 years and especially for someone after they reach say 70 yrs old when the premium skyrockets and the fees are still digging into the cash values

All cash value is part of whatever your death benefit may be. Because of TEFRA and DEFRA tax citations, you’ll always have more death benefit than cash value. If you borrow from your cash value, then the death benefit pays the balance of what was borrowed and the rest goes on to your heirs.

Hi Kim, yes you can. If you would like you can you can schedule some time with an IUL specialist who can answer more of your questions and even run some examples for you: 3dimensionalwealth.com/getstarted/

ReoMan, that would be amazing if both the death benefit and cash value went to the beneficiary. Unfortunately, you can't have your cake and eat it too. If that was the case insurance companies would go bankrupt. You have access to your cash value while your alive and the death benefit is for your beneficiary. The risk to the insurance company is the greatest at the start of your policy since there is no cash value to offset the amount they would need to pay out in the event of your death. However, to meet the definition of life insurance and avoid becoming a MEC, there is always a corridor maintained between your cash value and your death benefit. This is also beneficial for the policy holder because this ensures that the cash value never exceeds your death benefit. Your death benefit will increase as your cash value accumulation approaches your initial death benefit. Depending on how the policy is structured and which MEC test is used will determine the dynamics of how that works. GPT (guideline premium test) vs CVAT (cash value accumulation test) are the two tests that can be used. One limits the cash value relative to the death benefit and one limits the premiums paid relative to the death benefit.

ReoMan, the insurance companies could design such a product but then it would be much more expensive. Think of it like selling your home and wanting the sale price and the equity in the home. You don't get both.

RoeMan, it can be done based on age and health if it makes sense to keep the policy at an increasing death benefit if the owner wants to have both the cash value and death benefit. Just be aware that the cost of insurance will increase. However, when structured correctly when it’s time to meet the cash value and death benefit at the level guideline, then it could be a feasible way of doing. It just needs to be structured properly.

Yes it is. Some companies will be down as low as 2% depending on the product, and some 3% or 3.5%. But the dividend rate stays the same. In other words, if a company had a 4% guarantee and a 1% dividend, you would say they have a 5% dividend rate. If the guarantee drops to 3%, the dividend rate will now be 2%. So you still have the same 5% dividend rate. What changes is the structure to comply with the new 7702 rule. The lower guarantees allows clients to fund the policies more heavily without raising the death benefit a lot. I wouldn't worry about the guarantee rate that much. Who buys a whole life for the guarantee. They buy it for the dividend rate along with all the other aspects of whole life they can use. Having said that, dividend rates have dropped a lot over the last 15 to 20 years. No more 8 and 9 percent dividends. So THE RIGHT kind of IUL make more sense than ever now for tax free retirement.

@@victor4advice I see..thank you for that. Following the Life180 KZfaq channel leads me to believe that all IULs are bad. That may not be the case.

You can schedule a time with an IUL Specialist we work with at www.3dimensionalwealth.com/getstarted

Only non mutually owned companies . Lots of bad info here

Yes but the mortality monthly deductions can be raised to the maximum at any time when the insurance company feels it warrants in any economy. Then the cash accumulation values doesn't look very good.... Also what if you get that double whammy, bad performing equity markets and raised monthly deductions and raised loan rates. The perfect storm

@@littlebookofajesusmarriage7301 I would like to see a response to this comment. Would like to know how to address this as well.

@Go Wen You got any sources for this?

Some have no-cap options, and even unique indexes with bonuses beyond that because they are lower volatility indexes.

@@missedfortune Would you mind naming a few products/carrier that you use that have no cap options with unique indexes? I would love to play with some of those illustrations.

@@emranchowdhury5490 Evidently, they don't exist. I'd like to know as well.

They don’t exist

​@@emranchowdhury5490 Still crickets, lol.

IUL was created in 1997. So there were no "imploded IULs" in the 90s 🙂

Hey there, you can setup a time to speak directly to an IUL Professional we work with here: www.3dimensionalwealth.com/getstarted

Would you like to join us on zoom for a free strategy session that includes the living benefits ? I can calendar you in for a 15-20 minute presentation.. after that we answer your questions

Hi Sean, a mutual company like Pacific Life and Nationwide will be ideal. I represent both.

Check out this playlist: kzfaq.info/sun/PLF8af6gsBLfluNIRv7jllRl43tfIUGlmQ If you need to talk to a specialist, I would be happy to introduce you to one. You can request an introduction here: 3dimensionalwealth.com/getstarted/

@@missedfortune I would like to talk to specialist

Hi KH If you’d like to join us on a free strategy session we can show you different options depending on your age? Free zoom session where you can ask all your questions!

Banks buy BOLI or bank owned life insurance. They can get deals we can’t get.

Because the insurance company raises the premium as you get older, this eroding any built up cash value, and causing the policy to lapse, unless the policy owner injects new premium dollars into it. WL may have the highest premium, but as long as you keep up with it, you won't lose any cash. Attach the PUA for even more cash.

We would be happy to! I invite you to schedule an appointment with one of the IUL Specialists we work with. You can schedule by visiting iulspecialist.as.me/schedule.php?appointmentType=18852371&calendarID=8663826.

Doesn't change the fact that its true. It's very important how you structure these beasts.

When 95% of the policies out there are NOT STRUCTURED PROPERLY you have to make sure people know that it’s not the product, but the agent!

Preach!!

correct, but that the point, they are not investments, they are places to store money and for protection.

@@brucewehner306 "Store money" would imply that you can get your money back without any fees. Yet, the fees/commissions they slap on cash value are ridiculous. And, unless you have a Plan B option, they keep your cash value. Scam.

To clarify, the cost to own the policy goes down. COI and cost per thousand rates increase on an illustration, but he net amount at risk continues to go down, meaning the client is paying for less and less insurance, which in turn lowers the "cost" of the policy that the policy owner pays. Thus, it is true, we have statements and client reviews that prove this time and time again.

@@missedfortune I appreciate the response, but numbers don't lie. 95% of IUL agents who run these illustrations will always show 0's in the guaranteed column after 10 plus years. In the non-guaranteed column, even by over funding this policy, the number don't add up. True concepts calculator will show that there are thousands of dollars missing...where did it go? COI and Surrender Charges.

How so?? Your a 401k guy?? You can disagree but everything Doug says is fact

Would like to hear more about what you disagree with. I have read and seen videos posted by brokers who state WL is the better option over IUL for infinite banking but the illustrations I was provided show a net spread of 0% on the borrowed funds. The gain then on the policy comes down to the guaranteed rate and dividends.

@@aaronharwood6387 yeah but I don’t think they fully understand the IUL even if they are licensed. Doug Andrew has mentioned many times he has spoken to whole life agents before and after he shared info they had no idea how about certain features of IUL.

@@aaronharwood6387 For IBC, WL is the way.

Explain then.

or Nancy Pelosi money.

Agree 100%, Sir. Thank you for pointing this out.