We reviewed the case of Elizabeth Rand, MD, age 40 and analyzed the purchase of $3.6 million of indexed universal life (IUL). We compared the IUL to $3.6 million of 30-year level term insurance coupled with a side fund. We also illustrated $120,000 in policy loans on the IUL beginning at Dr. Rand's age 60. The IUL turned out to be the smart way to go — by a wide margin. This video demonstrates the proper application of life insurance to leverage the results for the client.
In this video blog, I interviewed Insmark senior advisor Don Prehn to illustrate this proposal that secured the case for the advisor.
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Syndicated financial columnist Steve Savant hosts the weekly video talk show for consumers entitled, Right on the Money and anchors the weekend news update On the Money News.
Steve is also the host of the daily producer show, Thought Leaders. Steve is of the top online author and videographer of... More