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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Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Both shows are sponsored by Ash Brokerage. Steve is the #1 online author and videographer of insurance content. Steve has been cited on FO... More