Reasons You May Not Want To Use Indexed Universal Life Insurance
Автор: The Financial Beat
Загружено: 2024-08-08
Просмотров: 236
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In last week’s video, we shared some of the benefits and reasons you might consider adding Indexed Universal Life Insurance (IUL) to your financial plan. This week, we’re going to focus on some potential drawbacks. Stay tuned as we share some areas to watch out for and factors to consider before deciding if IUL is right for you.
As always, it's important to weigh the pros and cons of any investment in the context of your overall financial plan. Stay informed and consult with a financial advisor to ensure that an IUL, or any investment, aligns with your goals and needs. Don’t forget to like, subscribe, and let us know if there are other topics you'd like us to cover!
#iul #indexeduniversallife #investingeducation
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0:00 - Intro
1:33 – Limited earnings
2:55 – Lack of guaranteed returns
3:31 – Cost of insurance
4:04 – Fees and expenses
4:46 – Surrender charges
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