just started chanting "Doug, Doug, Doug, Doug, Doug!" to myself- IUL specialist...Watched many of your videos when I first started and you are the guy who switched my focus from other Insurance products to IULs! Thank you for the knowledge and for your soothing voice

@missedfortune

10 ай бұрын

Thank You! You're Welcome!

I'm from Singapore, and this is so valuable as the financial hub of South East Asia. We still mainly invest in the US markets, which are still subjected to US taxes. Some specific features differ from product to product, but the underlying principle is the same. Only found out about you recently, looking forward to more of your videos and books!

I have learned so much from you Mr. Andrews. I truly appreciate your your knowledge and experience in financial industry. I hope to be half of the life producer that you are. Awesome!!!!

I'm a financial advisor and I'm grateful that someone smart enough can explain this instead of listening to that Dave Ramsey nonsense... I can't say enough how many of my clients are happy and not going through heart attacks to have an IUL with the protection they have against the down market... Thank you Doug

@missedfortune

8 ай бұрын

You are most welcome!

I discovered you today and this is the second video I watch of yours, I am now a subscriber and loyal fan! Might I add, there's moments when you talk that remind me of the way Jim Rohn used to talk. :)

Thank you, Doug, for this great information.! I love the fact that you are going through this page by page to show how IUL's really work.

Thank you Doug for this extremely easy-to-digest explanation of the IUL Policy. Very well delivered. I just received my Laser Fund book and can't wait to delve in. Please keep doing what you're doing. You are providing so much value to seasoned and new financial professionals. Much appreciated. -Win F.

I am am a HUGE fan of Doug now after watching the interview I saw with him talking about an IUL. Great Job Doug and please keep posting videos...

Good video Doug. Im a fellow financial rep 35 years. Thanks BC

Wow!!! This was so dope. Thank you for sharing your knowledge about maximum payout IUL's in such detail Doug. This video was excellent!!! We might need to setup a petition to get you onto an episode of #EarnYourLeisure 🎓💰📈😎

Great video, easy to understand for any one of “average” intelligence. Besides, not understanding exactly how electricity works-for example-does not mean that in the dark would be wise. As an investor, I know IULs work very well when properly written. Throughout the years, it has performed way better than my mutual fund investments.

Doug Andrew explains everything fully in this video! IUL is one of my top products. My clients love them and what it earns for them SAFELY as well

EXCELLENT VIDEO Thank you Doug Great info. I will make sure I share this video 🗽✅⭐🔥

@missedfortune

Жыл бұрын

I appreciate that

Watched the entire video. Exceptionally done. Oft times the Ramsey folks tend to lash out emotionally with extreme rhetoric when categorically dismissing ANY life insurance based strategy. Typically, emotional rants are a result of a lack of understanding, maturity, or the facts simply aren't on their side. In most cases, it is usually a combination of all of the above. Keep the great content coming, Doug! Thank you for this.

@missedfortune

2 жыл бұрын

Thank you Brad!

@HickoryDickory86

Жыл бұрын

I have noticed over the years that "the Ramsey folks [including his following] tend to lash out emotionally with extreme rhetoric" at anything that deviates in any way from his-and only his-system, which is treated as incontrovertible diktats. I think _Total Money Makeover_ and _Financial Peace University_ are really good for what they are, but they are not the end-all be-all that they pretend to be, and the whole environment just gets a insufferable after a while.

@BC-jv8lq

Жыл бұрын

Being from Tn. Dave Ramsey did hold a life and health insurance license. He had ownership in a magor insurance firm

@anthonydooley3616

Жыл бұрын

I've been listening to the Dave Ramsey Show for over 20 years. I have heard his argument on this subject many times and it's not an emotional rant. He uses facts and logic. He knows more about it than most people who sell this junk. He has nothing to gain by telling people how different types of insurance work and recommending term life.

@anthonydooley3616

Жыл бұрын

@@BC-jv8lq not true. He was a member of Primerica for a very short period of time. He didn't own an insurance firm. Get your facts straight.

Doug! You are a G for this! love the educational series and I'm a life license myself and you just boosted my conviction to be a part of this movement of IUL!

@missedfortune

2 жыл бұрын

Thank you Charles!

@4020E

Жыл бұрын

@@missedfortune Doug can you set up my IUL? What insurance company do you reccomend?

@healthyfunlives

Жыл бұрын

@@4020E Hi Eric, I see you haven't received a reply. I'm glad to help you set-up an IUL just as Doug is illustrating. If you'll click over to my channel, my contact info is in the image in my cover picture. I look forward to hearing from you!

I have a dual license, start my interview with farmers on monday, thanks for being the research that I need at this moment, master level

@ecaldwell9

Жыл бұрын

If u have a dual Lic - why not work at one of the firms he mentioned in this video?

@heberalmanza1500

5 ай бұрын

@@ecaldwell9I work with FFL I make 110 percent comp. Best decision ever I am appointed with 8 different carriers I can sell FEX, IUL ,UL accidental Medicaid Medicare dental vision etc. go to any of your local family first offices I am currently not hiring at the moment but it can change your life for sure.

I scheduled a call monday @ 11:30 I hope I can speak to you. awesome video keep grinding great break downs.

Hi Doug, I live in the UK. I wanted to know if this applies to the UK or strictly the USA, by the way, I tried applying for your book, and it will not ship to another country. Please kindly address this. Lastly, I want to say a big thank you for putting immense energy into explaining all this, this is an eye-opener, and the educational part of it all is unmatched, thank you!

So glad I found you Doug! You’re changing my life man!

@missedfortune

Жыл бұрын

Happy to help!

@excitationofstereocilia2103

10 ай бұрын

Gonna watch these until it makes sense

Great one as usual Mr. Andrew the only request why at the end of every new video u asked 5 questions that you would ask one of the haters can u put new questions at the end? Thanks

I'm 30, Started my iul last year. My employer 401k already tanking but it's nice to see the iul growing steadily. I don't make much as construction is kinda slow but I'm glad to see the iul working regardless. Can't wait to utilize it a few years down the line as an emergency fund. Won't be caught empty handed like in 2020 ever again.

@missedfortune

2 жыл бұрын

That’s amazing!

@It_aint_that_serious

Жыл бұрын

Who do you use? I met someone this weekend who told me about IUL , and I’m going to talk to his advisor soon..I’m skeptical

@Tkh21209

Жыл бұрын

You do understand that your premiums are dicated by the company can change. Essentially its a subscription plan hidden under the term 'premiums'

@truckingwithab2411

Жыл бұрын

@@Tkh21209 can you please explain a little bit more what you mean by this . Thanks

@Tkh21209

Жыл бұрын

@@truckingwithab2411 easiest way to think about it is how netflix seems to be changing their basic subscription every two years the plans can do the same. The general rule of thumb is unless you are maxed out at your 401K and roth for tax advantage you shouldnt even be thinking about IULs. The tax deferring option with cash value due to buying "premiums" for life insurance does not outweigh a 401k and roth tax advantage. IULs make sense for people who cannot get group term life insurance through their job and can cram two policies into one but again after maxing out 401k and roth. For eexample I gave two group term life insurance from my job equalling to about 70 bucks a month for 2 million. IULs cannot give me such a deal for life insurance so fir me the life insurance portion means nothing. The argument here is that IULs carry over regardless of job situation but for me it does not apply since if I dont have a job I wont be able to afford the premiums of IUL. also in the back end you have to remember the agent selling you this policy the commission is tied to the premiums and not the cash value.

Very nice presentation with good explanations. Thank you, Doug.

@missedfortune

16 күн бұрын

Glad you liked it!

Thank you for this video! I am a life insurance advisor and I’ve helped so many retirees get a higher death benefit for the price by setting them up with an IUL instead of final expense. I was so confused when Dave Ramsey came out with that article. It felt like an article written by a troll instead of an intellectual.

@missedfortune

2 жыл бұрын

Whoever wrote it clearly misunderstands the entire concept.

@blakepokley7

Жыл бұрын

you may want to read an article by The White Coat Investor called "Debunking the Myths of Whole Life Insurance" (would post the link, but i can't)

@swaynebluize583

Жыл бұрын

So your selling trash

@mgildea67

Жыл бұрын

Preach! I'm learning so much from you. Thank you!❤

Thank you for explanation this Dave. I got your free book and I have learnt a lot

Thank you for the video. I am the fan of IUL. I listen to your first video back in 2008 when we talking about Asset Optimization

@missedfortune

2 жыл бұрын

Thanks for watching and thanks for your continued support!

Thank you so much for educate us about IUL , I just order your book and I’m listening to the Audio book this week , I’ve learn so much and I can’t thank you enough to everything you do .Much love and respect ❤

@missedfortune

Жыл бұрын

Hope you enjoy it!

Hi Doug, enjoyed your video, and you really help explain some information about IUL's. I can understand how you are very serious about wanting people to know about how insurance is structured, and how it functions. I have watched more than a few videos where one person talks about one insurance being better and on it goes. For the person, it is up to then to decide if the insurance policy they purchase is a decent product. So I won't say IUL's are good or bad, but that they can do well based on what you have said and explained. I do have a few questions: IF a person relinquishes their growth on their money, and gives the insurance company $40,000 interest of their $1,000,000 to buy upside options, and the options don't make any money, they don't loose any capital, but, if this happens 2 years in a row, and $80,000 has been put into upside options, that $80,000 is gone. So, in two years $80,000 is gone, and if a third year is bought, for a total of $120,000, the upside options would then need to make $120,000 plus five percent for the no cap growth within the policy to break even ?

@Chillfam

Жыл бұрын

No one can answer because it's probably a scam.

@ghostoferlock

Жыл бұрын

@@Chillfam so dave ramsey is right

@Chillfam

Жыл бұрын

@@ghostoferlock yes I said the same thing lol

Love this information, I will definitely learn the ends and out of IUL. I have my life insurance license and I’m contracted with some of the biggest insurance carriers in the business. Thank you again.

@healthyfunlives

Жыл бұрын

It's a game changer for clients when you learn how to offer properly structured IUL's. Are you contracted with a good agency that supports you with product and business education? If not, I'd be glad to help you.

This makes absolute sense to me and why I think to provide nothing but IUL as a cashflow generation resource.

Thank you for the great video. Much blessings to you.

Ramsey talks about getting out debt consumer debt that is. This is new level. And that is why rich get richer. Thank you for the value.

Thank you, Doug. Great and awesome video. Now it is clear for me. Some are saying that it is invested in bonds.

@randolfmillare5371

11 ай бұрын

May I know your book please. Thank you.

@missedfortune

10 ай бұрын

The LASER Fund. You can order your copy at www.laserfund.com

yes, thank you Doug .. because as i was listening to Ramsey conversation with the lady that call about the IUL pol. she got, she was dismay knowing/hearing the adv. of Davey that she was ripe off with that IUL.. He said cancelled it and buy index fund. So bad to hear that. Good for us to learn from you. I am an Ins. life agent and this give me a strong feeling whenever I will do the presentation. Thank you so much for bringing this to public for their on good. Most important to people with IUL policy.

Great great video Doug. I'm sharing it with my existing clients as well as prospects. I've recently started helping clients with IUL policies and they're surprised to find out about this wonderful opportunity to grow money tax free and with no risk. I work with 3 top rated companies that illustrate between 5.5 to 6.5%. You talked about 11 to 50% interest crediting. Very hard to find index options that are uncapped. Can you share which companies you work with? Thanks in advance

Thank you. Very insightful.

Loved it. But I would have understood more if it had animations or diagrams because he's a very complex topic yeah it's super important to understand

Wow! What a lecture1Great job Doug.

@missedfortune

9 ай бұрын

Thank you!

Thank you for re-educating everyone and the Ramsey team. "They don't know what they know!" (very respectful comeback!)

@missedfortune

3 ай бұрын

Thank you for tuning in!

Feel your passion and appreciate your clarification. I heard you say cash value can be transferred after death

✨⭐Thanks for being bold and sharing this!!!⭐✨

@missedfortune

Жыл бұрын

Thank you!

@stealthuniversalproduction2729

Жыл бұрын

@@missedfortune which state do you work in?

This video is packed with valuable information. I had questions and this video answered them! I am definitely get the laser fund book!

@missedfortune

5 ай бұрын

Glad it was helpful!

@missedfortune

5 ай бұрын

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

Best 39.02 minutes I've spent on KZread in a long time!!!!!

@missedfortune

Жыл бұрын

Thanks for tuning in!

@350zmurray

Жыл бұрын

@@missedfortune I just shared this with another Agent. We really need to expose these frauds they are ruining people out here!!!

Im so very new to all of this but you made it all so very clear. You mentioned over and over how the policy must be structured correctly but also mentioned how most agents don’t understand how this works. How do I know if I get a “well-structured” policy?

@stevendipaolo4022

Жыл бұрын

Its not too complicated, just want to make sure it is max funded based on the death benefit you have. I am licensed and would be glad to speak with you and show you some correctly designed options for your case. Let me know if you would like to get in touch.

@missedfortune

Жыл бұрын

Hi Alicia, we work directly with professionals to train them on how to do this correctly. You can schedule a time to speak with one of them here: www.3dimensionalwealth.com/getstarted We also have other videos that cover this question specifically: kzread.info/dash/bejne/o4dk2taYoMmrn5s.html

@stevenyeh3799

Жыл бұрын

Anyone who wants to go forth an IUL or any other vehicles of investment must always go through a Financial Needs Analysis first before anything else

Started my IUL last year at 29, I don’t regret it. And my agent structured it properly and if I had any questions, he was there to answer everything in great detail

@missedfortune

2 жыл бұрын

Awesome!

@camdenschwartz4926

2 жыл бұрын

How’d you decide where to go to start a IUL and Howd you know the agent was going to structure it properly?

@tyrecarmon20

2 жыл бұрын

@@camdenschwartz4926 I did my own research and kept asking questions along the way. My agent is awesome, he breaks down everything for me step by step so I can understand.

@kylao8037

Жыл бұрын

Hi, just wondering what insurance company you used?

@jasminebatista8954

Жыл бұрын

Which insurance company sis you choose

Doug, thank you so much for this amazing video! I will order the book right now. I recently discovered the IUL, and I am super excited to open one. How can I get the answers to those 5 questions of yours? Would really want them:) THANK YOU!

@missedfortune

8 ай бұрын

Hey there, an IUL Professional can answer those questions for you. You can also find the answers in other videos on my channel. You can setup a time to speak directly to an IUL Professional we work with here: www.3dimensionalwealth.com/getstarted

Read your book, study this stuff pretty often. Like the fire today and this explains why I’ve had such a negative reaction from financial pros on this subject. Feel like I’m just about at the point I could sell these products myself,ha.

@missedfortune

2 жыл бұрын

Right on you for getting educated. There's no one more interested in your success than yourself!

@PlatinumDetailingServices

6 күн бұрын

@@missedfortunethank you

BTW. What does it mean to lock in gains on an IUL and reset? Thank you for this video! I was so shocked at the Dave Ramsey video. Whew!

Awesome video! Great job explaining in more details Mr. Doug.

@missedfortune

2 жыл бұрын

thank you, kindly!

Hi Doug, you did an amazing job explaining this! I loved it and learned so much! I've had an IUL for 9 years now and see my money growing. I'm going to get your book to learn how to position it better. I would like to ask if the cash value in the IUL is added to the original death benefit in the end or is what David Ramsey says that we loose it true. Can you clarify or make a video about it? Thank you so much!!!

@est4084

Жыл бұрын

Your cash value is added to your death benefit if you dnt borrow it

@missedfortune

Жыл бұрын

Your cash value is part of what your insurance company would pay out. So let's say your policy has to pay out $1,000,000, well that death benefit would be made up of your cash value + the difference between cash value and the death benefit, otherwise known as the net amount at risk. This is the insurance you pay for. Then if you have any policy loans on the policy that amount is subtracted from the $1,000,000 death benefit For example. You have the $1mm policy. It has $600,000 of cash value. So you'd have $400,000 of insurance your paying for. Then you loan $100,000 from your policy and then pass away. The insurance company would pay $900,000 to your beneficiary.

@eldajpaz2103

Жыл бұрын

@@missedfortune Is this for a level or an increasing IUL?

@davidphillips1845

Жыл бұрын

​​@@eldajpaz2103 Doug is describing an Option 1 level death benefit. With an Option 2 increasing death benefit the cash value would increase the death benefit. The carrier charges additional premium for that feature. David C. Phillips J.D., CLU

@castroeladio

Жыл бұрын

Oh boy

MY BRAIN ISNT EVEN BUILT LIKE THAT ...ITZ COMING ON AROUND TO BE ABLE TO SEAT THRO & ETC ...THANK UUU SOOOOO MUCH !! DAT WAZ GOOD !!!!! I WILL BE GETN THE BOOK ASWELL !!!

Wow, finally, someone who understands IUL insurance..!

Doug, you are a master at sales. I wish you would "take me under your wing."

@missedfortune

2 жыл бұрын

Thank you! Head over to www.iulinsiderpro.com and join us for a webinar coming up!

Started my IUL at 40. I wish I started earlier. MAn you’re good. Thanks so much for your video.

@missedfortune

2 жыл бұрын

Thanks for tuning in!

@Authenticleatrice

Жыл бұрын

I’ve been doing my research about getting a IUL. Just curious which company did you go through?

@desylf

Жыл бұрын

Hi how long have you had your policy?

@PlatinumDetailingServices

6 күн бұрын

@@AuthenticleatriceI’m gonna sell through WFG until I create my own brokerage

Hi Doug Andrew! Great video! I am from Argentina, I don't live in EEUU but I am very interested in this... Do you have foreign clients? Can I access these well-structured insurances being from another country?

Thank you, and using it now as an emergency and also as capital for business.

@missedfortune

Жыл бұрын

Thats great! Glad to hear it.

This sounds very good, but what if you are not into keeping up with the ups and downs of the market? Can the insurance Maximize your gains automatically or that’s not possible?

Amazing video! Max funded IUL is the best vehicle to compound your money all while saving all your principle due to market declines. Some index credit strategies offer 200+% participation as well! with no cap and 0 spread. other than a FIA it’s the best plan to have!

@jyotipurba

Жыл бұрын

Which company offers that?

@truth9781

Жыл бұрын

@@jyotipurba F&G annuities & life.

Amazing Video!! Thank you!! I have been researching this IUL for the past few months. Never heard of it until it became popular on social media lol. Doug, Do you suggest any specific company's that know how to properly structure this?

@missedfortune

Жыл бұрын

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

Thank you so much I've watch about 10 of your videos in the past few days. I've been doing as much research before I start a life insurance policy, what are some of your recommendations for the best life insurance companies?

@missedfortune

2 жыл бұрын

Great question! More important than the carrier is having it setup correctly. If your IUL Professional doesn’t set it up correctly, the policy will suffer. If you need to chat with someone, you can speak with one of the IUL Specialists we work with here: www.3dimensionalwealth.com/getstarted

@blakepokley7

Жыл бұрын

you may want to read an article by The White Coat Investor called "Debunking the Myths of Whole Life Insurance" (would post the link, but i can't)

Amazing job Doug!

Been waiting for Andrew to bring this to light. I never followed anything Ramsey said when it comes to IUL's...

@missedfortune

15 күн бұрын

Thanks for the support! Make sure to check out our playlist "Does IUL Work?" for more information! kzread.info/head/PLF8af6gsBLfnuEQPmmm-YUM2fsk1wp4Nj&si=11qaiik_VICXCQm2

So about the options trading part, how much is allocated ? Say 5% , was it 5% of the annual contribution or 5% of total cash values invested and keep scaling ?

We would love to see an Andrew vs. Dave podcast!!

Is it worth investing in an IUL in NY where you are capped at 9.5%?

I'm a life agent as well and I love IUL's. They are pretty much my main focus for tax-free savings and/ or retirement. Unfortunately IULs get a bad rap from many others in the financial industry. So I'm grateful for your videos and I will use them with clients when appropriate.

@missedfortune

Жыл бұрын

Thanks for tuning in!

@josec.santana9642

Жыл бұрын

What companies do you contact for these types of insurance

@terryhypnogurl8511

Жыл бұрын

@@josec.santana9642 If you're asking which carriers I use for IUL's, usually F&G.

@PastorScottHinton

Жыл бұрын

@@terryhypnogurl8511 Can this company structure the policy the way Doug Andrew explains it?

@terryhypnogurl8511

Жыл бұрын

@@PastorScottHinton Yes, absolutely.

They explanation was very clear and the IUL seems like a no brainer… for the ALREADY wealthy. While I make a decent living at $130,000. I still can’t afford the monthly commitment.

I have the same policy with a value of $200000. If it is invested and made more than the policy. in terms of return, like more than million, am I be able to withdraw/received a million??? Thank you for this wonderful video, I learned a lot by watching this. I subscribed to the channel and dropped a 👍 on this video. This is superb!

If you had a choice and 15 years before touching your money would you choose a whole life policy with a guaranteed interest rate that pays dividends and jump start it with $30,000 or choose an IUL?

Isn't the key here trusting that your agent knows how to "structure" the policy correctly? I'm guessing that most don't. I have a IUL that is loosing cash value as the cost of the policy has gone up. Am I missing something?

@Yellowbootz

9 ай бұрын

Whaaaat how is it losing cash value???

I am so so glad you finally addressed this Doug. Me screaming at the top of my lungs doesn't work because I am not established. BUT oh my goodness. Dave Ramsey and team are hurting people by continuously bashing IULs. You bring the TRUTH and CREDIBILITY. If people are not listening to you they are foolish. But you are right. They don't know what they don't know. I just appreciate you so much. Thanks for doing what you do in the most professional and honest way possible. EVERYONE SHOULD BE SUBSCRIBED TO YOUR CHANNEL! #laserfund #IUL #DaveRamsey #SMH #DougAndrew #TrueProfessional

@blakepokley7

Жыл бұрын

you may want to read an article by The White Coat Investor called "Debunking the Myths of Whole Life Insurance" (would post the link, but i can't)

@THE10THTAKE

Жыл бұрын

@@blakepokley7 whoever wrote that needs some school .. lots of sky is falling talk that are not factual !

@blakepokley7

Жыл бұрын

@@THE10THTAKE do you have any specific examples of anything written that is not factual? (Also, I agree with the writer and I have a Bachelor's in Finance and the CFP®, so I am not sure what you mean by him needing "some school")

@ashleyred69

Жыл бұрын

It's overwhelming and it's hard to make money without any to start 😢

Leverage without liquidity is stupidity! This is where so many go wrong - great quote

@missedfortune

2 жыл бұрын

Thank you!

I purchased a convertible term 500k policy years ago. Eventually it converted to an universal life policy with a face value of 100k. I’m about 65 years old and two of my insurance salesmen have died at an early age. The last salesman twisted my arm to buy it in the first place. I have about 5k of cash value, and pretty soon they will need to increase the premium just to keep the insurance in place. Pretty soon my cash value will be depleted to zero. How is that a good thing? Im thinking the insurance salesman was thinking only if his commission because in no way was it structured properly.

@stevendipaolo4022

Жыл бұрын

seems like the amount you had to dedicate to this instrument was not sufficient and you should have likely just had that in a roth or IRA

@dwaynerattan6749

Жыл бұрын

Thank you for this. I came here to see if it had any real people that could give their experience after many years of paying premiums. Sorry about your situation, but at least you can help others not make a poor decision

@nic12344

Жыл бұрын

Yeah, well you got scammed! This is just a big scam...

I am an agent with less than one year of experience. And I am glad to be able to correctly answer the 5 questions :)

@missedfortune

9 ай бұрын

I invite you to visit www.iulinsiderpro.com to learn more about training/mentoring/education for licensed professionals.

Just wondering.. what does insurance do with premiums and your money?

Hi Doug can you recommend someone I can pay to look at my IUL just to make sure it’s structured correctly. I appreciate your time and explanation.

@factshurt5362

Жыл бұрын

I’m in the same boat. 4 years in and I feel like I’m good and 99% trust my agent but wanna know 💯

@missedfortune

9 ай бұрын

I recommend scheduling an appointment with one of the IUL Specialists we work with. You can schedule by visiting www.3dimensionalwealth.com/getstarted.

@missedfortune

9 ай бұрын

@@factshurt5362 I recommend scheduling an appointment with one of the IUL Specialists we work with. You can schedule by visiting www.3dimensionalwealth.com/getstarted.

Very broad explanation. Do I need to tell the insurance company to link the percentage earnings or they do it automatically?. I just got to know about IUL.

@missedfortune

7 күн бұрын

For more information, make sure to check out our playlists where we have many videos just for learning more about IULs! kzread.info/head/PLF8af6gsBLfnuEQPmmm-YUM2fsk1wp4Nj&si=8aB8ZsQNQxN6NuPy I also recommend going to our website where you can meet with an IUL professional, get a copy of the LASER Fund, and do it all for FREE! 3dimensionalwealth.com/

Has anyone told you, you sound like Skip Bayless.... great video non the less.

Very good video thank you. I’m 60 can I still get this type of insurance and also do I have to be in good health condition?

@missedfortune

2 жыл бұрын

That’s a great question! We would need to have a much more in depth conversation about your situation to see what’s possible. It depends on what types of health issues you’re facing. Good health is obviously preferable. You can request a time to meet with an IUL Specialist here: www.3dimensionalwealth.com/getstarted

IUL sounds tricky because it may not perform as sold by the policy due to a fluctuating market also insurance companies can change the terms at will. I think with IUL the specific policy must be back tested to see it average returns and checked how often the company changed the terms year over year.

I’ve watched 10 videos and for some reason I understand ur language 💡

LOVE YOUR STUFF!!!

AWESOME explanation!! I shy away from IUL due to my lack of knowledge even after the training provided by some insurance providers but you nailed it on the head. Thank you so much! When will your next training be (I see I just missed 7/12) ?

@blakepokley7

Жыл бұрын

you may want to read an article by The White Coat Investor called "Debunking the Myths of Whole Life Insurance" (would post the link, but i can't)

@missedfortune

Жыл бұрын

@Grace Walker Our next training for professionals is on July 26th. Here is the link to register: www.iulinsiderpro.com

@toyinadegbenro5354

9 ай бұрын

​@blakepokley7 he was talking about IUL not whole life

What are some examples of legal reserve insurance companies that structure their IUL like Doug mentions?

What are the index's used for your new policies? S&P 500? S&P MARC 5%? What are your caps?

This is one of the best videos I've ever viewed in my entire life and I've worked in finance. Truth be told, even in finance there are things they just don't teach you. Thank you Sir.

@deirdre5940

Жыл бұрын

Yes, me too.

@missedfortune

9 ай бұрын

You are welcome!

WOW, Doug went in. You have to because people may be paid to come after a system that gives people financial freedom. This is crazy

fyi Doug explains the word "indexing" at 23:00

So, what I am understanding here is that IUL has a fixed crediting rate of X% p.a. Whenever the customer chooses to link to the index, they would give up that X% for that year and the insurer will take that X% to buy a call option on the index. If the index goes up, the call option will be worth a lot and then the returns, minus the X%, will be what the customer gets. If the index goes down, the call option becomes worthless and the X% is lost. However, since the X% is just a year's interest on the principal, the principal amount has never been at risk.

ThNk you for sharing this!

@missedfortune

Жыл бұрын

Of course!!

Why would other companies structure the fund differently causing it to align more with the description from the Ramsey article? How do you know when the fund is not properly structured?

Thank you !!!!

I keep hearing about how this policy needs to be structured the right way. What does that mean? I have a 250K policy and i pay 10k a year with long turn care at 4% am I on the right track?

Doug, Who do you recommend we use to sign up for our IUL policy? Which company?

@missedfortune

Жыл бұрын

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

The catch all phrase... “Structured properly….” Can you please show a video going through a “correctly structured” IUL …where are they invested if not in the stock market? If I may ask.

@missedfortune

Жыл бұрын

Here is a playlist of what a properly structured policy can do: kzread.info/head/PLF8af6gsBLfnuEQPmmm-YUM2fsk1wp4Nj

Doug what carrier are you all using in this illustration?

I am new to learning about IUL's. You say they are great if done right. Is there a particular insurance company that you recomment?

@zelthic

13 күн бұрын

TransAmerica

Great information, interesting topic. In Dave's defense, he's broadly speaking to folks who are just beginning to get their finances and debt in order. When someone is drowning you don't try to teach them a butterfly stroke.

What companies should i research to look further into the insurance?

@missedfortune

Жыл бұрын

It's more important that the policy is structured correctly, than which carrier you use. You'll want to work with someone who knows how to do that. If you need to speak to someone who understands these concepts, you can schedule a time to speak to an IUL Specialist we work with here: www.3dimensionalwealth.com/getstarted

What happens to the cash in the investment account when the policy holder dies?

wow. excellent. thank you