Episode 371: Why 90% of IUL Policies Will Fail

Not Your Average Financial Podcast™

In this episode, we ask:

• Is life 100% chaotic?
• Are we totally at the whims of the universe?
• What happens anytime we make a plan?
• What about expectations and assumptions?
• What happens when time runs out?
• What about the booklet, The Box by Guy Baker?
• What are the four pricing factors?
• What about mortality cost?
• What about persistency?
• What about interest rates?
• What about expenses?
• What is life expectancy?
• What did Guy Baker discover?
• How much does it take?
• …Who could afford that?
• What is adverse selection?
• What happened in the early 1800s?
• What does an actuary do?
• Will it pay the mortality expenses?
• What are the various configurations of each “box”?
• What is life insurance dependent upon?
• Why are term premiums so low early on (in age)?
• Would you like to hear Episode 365?
• What will almost never pay a death benefit?
• Who has the highest persistency rate?
• What about interest credits?
• What is the math game?
• What if interest rates rise or drop?
• What is the job of your insurance agent?
• Why are indexed universal life policies (IUL policies) so sensitive to risk?
• How is whole life insurance different?
• How many people who own IUL policies are receiving letters for more premium?
• What’s the long game here?