Episode 370: Whole Life Drops the Mic! IUL’s Epic Rap Battle Fail with Chris Gray and Marvin Bulas

Not Your Average Financial Podcast™

In this episode, we ask:

• Would you like to hear the epic rap battle of insurance policies?
• Would you like to experience this lyrical throw down of the ages?
• Has Mark finally lost it?!
• Did whole life’s guaranteed cash value reign supreme or did IUL’s (indexed universal life insurance) market-linked potential steal the show?
• Who is Chris Gray?
• Who is Marvin Bulas?
• What’s this rap battle about?
• Is whole life insurance steady as a rock?
• Is whole life “the king of finance”?
• What about guarantees?
• What about dividends?
• What about the indexes in IUL policies?
• What about the IUL illustrations vs. IUL reality?
• What about fixed indexed annuities?
• What is just junk?
• What happens to IULs in the later years?
• What about the overpromising on this product?
• What about the IUL lawsuits?
• What about the new regulations?
• What is a straight-line projection?
• Is whole life inflexible?
• What about the flexibility that riders bring?
• Have you seen an IUL illustration?!
• What about the IUL fine print?
• What about the cost of IUL being cheaper in the early years of the policy?
• What happens to IULs with age?
• What about liar, liar, pants on fire?
• What about the wake up call?
• Are you safe from loss with an IUL?
• Why do the IULs go south?
• What about fees?
• What about the cost of insurance increasing in an IUL?
• Can you draw an income later in life?
• Do the guarantees eat your cash in an IUL?
• What about the zero-floor guarantee?
• What about the time-locked surrender charges on an IUL?
• What about loans in an IUL?
• What about non-direct recognition loans?
• What about increasing costs?
• Did that other advisor tell you…?
• What about tax and modified endowment contracts?
• What if you have a material change in an IUL?
• What about policy lapse?
• Which life insurance policy is going to come through?
• Why is there so much sizzle with IUL?
• Why is the predictability of IUL performance like a monkey throwing darts?
• Why are there so many pages of fine print on the IUL contract?
• Would you like to reach out to Chris or Marvin?
• What are the options for IUL holders?
• What is possible?

Chris Gray, [e-mail],
https://www.grossmancollegefunding.com/

Marvin Bulas, [e-mail],
https://www.bankonyourself.com/become-a-professional