NASCAR champion waves caution flag on IULs.
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NASCAR champion waves caution flag on IULs.
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You've heard about NASCAR champion driver Kyle Busch's lawsuit over his Indexed Universal Life policies. And because his contract appears to have been written in an exceptionally bad way, you might think what happened to him is an isolated incident.
But the truth is, even when IUL contracts are written in the best way possible, they still carry dangers you need to know about.
In this episode I'll give you more insight into what happened to Kyle Busch, and explain why IULs aren't ideal for Infinite Banking.
Listen now!
Show highlights include:
- "Self funding" sleight of hand that tricks clients and could lose you a fortune. (2:27)
- Two inescapable variables that make IUL values impossible to predict. (4:22)
- Key advantage of Whole Life if you ever intend to stop funding your policy. (4:36)
- The illusion cast by projections that could make IULs look better than they are. (6:45)
- Surprising way AI summarized Kyle Busch's lawsuit.
- Why IBC practitioners deliberately reduce their compensation when structuring your policy. (10:02)
Reach out to me:
valerie@alphaomegawealth.com
https://www.linkedin.com/in/valerie-laroque-lacp-b569509
Infinite Banking Mastery (infinitebankingnorthwest.com)
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