The purpose of this article is to explain why Universal Life Insurance (UL), and specifically Indexed Universal Life (IUL), has a bad rap and why that reputation is unwarranted. My goal with this article is for you to understand that any UL/IUL Policy is really nothing but an unbundled Whole […]
understanding life insurance policy designs
8 posts
In this post I discuss how to get the most cash value in a permanent life insurance policy. What makes a policy a maximum over-funded life insurance policy? How do you know when it is maximum over-funded? What does having a maximum over-funded policy design allow you to do?
In this post, I explain the The Double Play from the perspective of a "Magic Checking Account." I utilize the concept of a Magic Checking Account to simply help people more easily understand the flow of cash by taking away the life insurance element which is a complicating variable.
This post is about understanding life insurance guarantees. Whole life insurance is built upon three primary guarantees: A Guaranteed amount of life insurance, Guaranteed annual premiums and premium payment period; and Guaranteed increases in cash value.
If you've been searching the internet looking for information on using life insurance to invest in real estate, and you want to know if you can really and truly build more wealth by doing it, then you have come to the right place. The purpose of this article is not to show you "How" to do it, the purpose is to show you "How to do it right". And as you take this information, and effectively implement it in your own life, you should find that your own results greatly exceed your expectations.
This article explains IULs by comparing IUL to whole life to show how much they are alike and the key differences. We also debunk IUL myths.
If you are a real estate investor who wants to use a life insurance policy for real estate investing, you need to have a maximum over-funded life insurance policy. When you get an illustration from your life insurance agent, how do you know that the policy has been designed properly? and is a maximum over-funded life insurance policy? Understanding life insurance illustrations isn't easy.
Private banking strategies like The Double Play require a maximum over-funded life insurance policy to get the most benefit. Not every "over-funded" policy is funded right up to the legal Maximum (Minimum non-MEC). The best way to know that your policy design is funded right to the minimum non-MEC threshold is to look at the ratio of the cash value to the premium in the first policy year of your Illustration. If it is not 85-90%, then the policy is likely not designed right.