✔️guarantee your principle
✔️pay you more than what you are getting at your bank
✔️the potential to make as much as the stock market
✔️and have 100% liquidity
Is that too good to be true?
There is such a thing and we are going to talk about it today with The Wealth Board™ 👨🏫
This investment is the Index Universal Life Insurance policy. I was a skeptic at first, but as I learned more about it I realized that this could be a great investment for my clients.
There are pros and cons.
✅Pros:
Protection
Liquidity
Return
Tax free withdrawal
❌Cons:
insurance company’s rating
MEC (pay income tax)
Cost of insurance/approval
There are two ways to make money with this policy: dividend payments and market linked returns.
A word of caution - before you decide to invest in an IUL - do your homework on the insurance company or financial advisor that you are working with. Check them out online, read reviews, do a background check, etc. Just make sure that they are on the up and up.
#indexuniversallife #thewealthboard
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