Where Indexed Universal Life Insurance Works | Single Pay IUL

I am a massive critic of Indexed Universal Life Insurance - and for good reason. However, I have made comments that IUL's can work in certain instances. Many have asked "WHERE" those instances are. In this video, I interview Danny Rondberg who is an expert on utilizing Indexed Universal Life (IUL) to help his clients.

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📖 Chapter Timestamps Here ⏰
0:00 Intro to using Indexed Universal Life Insurance
2:30 Utilizing an IUL as a Single Premium MEC
3:55 What is a MEC (Modified Endowment Contract) with Cash Value Life Insurance?
5:30 3 Areas MEC's Help Retirees
8:00 Using Indexed Universal Life During Distribution Phase of Life
9:35 How to take risk out of Indexed Universal Life
13:20 Using IUL to Supplement Long Term Care (LTC) Needs
15:25 Why Use IUL and Not Whole Life Insurance
17:50 The Problem with the Life Insurance Industry
19:10 Long Term Care Needs Are One of Your Largest Risks
22:20 Connect With Danny Rondberg

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VALUABLE CONTENT TO CONTINUE THE EDUCATIONAL JOURNEY:

How To Properly Structure A Whole Life Policy
   • How to Properly Structure a Whole Lif...  

Indexed Universal Life vs Whole Life - Which is Better
   • Indexed Universal Life (IUL) vs Whole...  

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🤔 ABOUT LIFE180 😃
Chris Kirkpatrick launched LIFE180 as a solution to a problem. As the director of business development for a Fortune 1000 life insurance / broker dealer, he became disenchanted with the financial industry because of the lack of education provided to clients and how "financial advisors" were really just glorified sales people.

So... LIFE180 was launched to help give relevant financial education for people to create wealth. Along the journey, LIFE180 has evolved. Chris quickly realized he was passionate about not just helping entrepreneurs on how to leverage their money, but how to build their businesses.

Over the past 5 years, Chris has spent thousands of hours mastering the art of online business development for himself and clients. In 2020, LIFE180 morphed into a full service online business launch and development agency. If you need any help creating more revenue or generating more leads online, LIFE180 can help.

https://www.LIFE180.com

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*All content in this video is for educational purposes only and is not to be interpreted as personal financial advice.

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