gaddiswfg: What about all the hidden charges that cash value policies seem to always have. You are just like all the rest of the agents here that try to cover up the true face of cash value policies with words like mirroring and comparable. Why don’t you just get the real thing in the first place and forget about all the complicated crap. I have proven thousands of time that BTID will beat ANY cash value policy.
@inswiz. His cash value of over $2Mil at age 65, BTW, has grown tax free and he can take up to 90% of it out completely tax free too or he can take however much he wants out every year completely tax free for the rest of his life while it’s still earning a R.O.R. as long as at least 10% remains in the cash value which his beneficiaries get at his passing on top of the DB of $750k. We’ve delivered hundreds of DB’s last year alone. I’ve seen first hand how amazing these are. Nothing else compares
@inswiz. Heres your G.I.U.L. quote. 35yr old male. Nonsmoker good health. $750k DB. Monthly premiums= $356. He stops paying premiums at age 65 policy stays in force for life. Cash value at age 65 is $620k. total net DB=$1,370,000. At age 70 CV is $927k. Net DB=$1,677,000. If he max funds it, monthly premiums=$1455 for first 7 years then back to $356 stopping at age 65. At 65 CV=$2,081,000, Total net DB=$2,831,000. Age 70 CV=$3,200,264. Total net DB=$3,950,264. Nearly $4mil total DB.
Well, first of all, if your 30 yr old male is a middle income person, $1 mil DB is probably overkill and since at least 10% of the cash value must remain in it according to IRC-7702 of the IRS tax code, and the beneficiaries receive both the DB & whatever cash value is there the DB doesn’t need to be as much as a term would. I’ll give you a general quote shortly. Non tobacco? Good health? I’ll assume so. I’ll base his D.I.M.E. on $750k
@inswiz. Actually, to better inform you, I.U.L’s & G.I.U.L.’s have flexible premiums and allow the policy owner to adjust their premiums as things change. They also allow the client to stop paying premiums completely at any age, like age 65 for example when they retire and the policy remains in force for life plus their cash value still grows tremendously that they can use tax free. Oh &100% of permanent policies that are in force at time of death pays out. They come with a “No Lapse Guarantee”
Realmente absolutamente el contrario. I' d recomienda el hechar una ojeada mejor el grupo financiero del mundo. Ponemos raramente a nuestros clientes en VUL' s a menos que el cliente quiera ser un & más agresivo; tome un riesgo más alto para vueltas potencialmente más altas. Pero, ponemos raramente a nuestros clientes en VUL' s. De hecho, sobre el 95% de nuestros clientes consiga G.I.U.L.' & de s; I.U.L.' s. También la mayor parte de nuestros agentes son seguridades autorizadas. Tenemos un cociente más alto de los agentes autorizados las seguridades de nuestros agentes 28k+ que otras compañías nuestro tamaño incluyendo Primerica.
Hay un coste del seguro que est? a parte de lo que usted puede poner en el valor de efectivo. la cobertura de $1mil pudo ser demasiada cobertura a prop?sito. Muchas veces cuando recomiendo seguro del valor de efectivo yo agregan a un jinete del t?rmino para mantener bajos costes del seguro. Eso permite que m?s incorporen su valor de efectivo.
El fondo es t?rmino y el seguro del valor de efectivo tiene su lugar. Usted tiene que mirar cu?l es conveniente. Los planificadores financieros que toman acercamientos del galleta-cortador con sus clientes hacen una deservicio.
No dhfken, you are the only idiot that is convinced that term is terminating the prosperity of America. How many books have you sold? 3, 5, ok 10. What I find amazing is that some lop sided idiot like you only comes up with your stupid theories when economic times are not so good. Personally I think that they are great but you don’t sell that type of information. Good luck on selling 2 more books.
Do you know that only 9% of permanent policies payout. Due to what? lapses, the consumer is no longer able to afford or not comfortable with the premiums, policy did not perform as the agent told them, etc.
Did you know that only 2% of term policies end up paying out a death benefit? Trying to say that cash value insurance rips people off, but term doesn’t is so lame.
I know the difference between IUL and VUL’s. YOur company World Financial Group has it agents push VUL. Since VUL’s became popular and many of the agents can’t pass the securities exam you guys push IUL’s.
Get your facts straight buddy! I wasn’t even referring to VUL’s. VUL’s are variable and carry a risk. I know that, being a securities registered rep. G.I.U.L.’s & I.U.L.’s are indexed products that give clients both principal and rate of return guarantees.
ING and Pacific Life has I.U.L.’s which are also good. G.I.U.L.’s are offered from Western Reserve Life. Participation rates are extremely low and are greatly outweighed by their fantastic performance. The G.I.U.L. from WRL has a 13.25% cap. The I.U.L. from pacific life has no cap at all. Pac premiums are slightly higher than WRL but worth it because of no cap. It’s of course all going to depend on what’s best for the client and their goals. Each individual is different.
Don' t cree el bombo Gaddis. ¿Qué compañías GIUL usted está hablando? Era inconsciente que ING vendió un producto de GIUL que podría ser incorrecto. Dígame el nombre del producto de GIUL y haré que me envíen espec. por fax.
Los mercados pueden haber hecho un promedio de 10.5% pero la compañía controla cuánto acreditarán a valores de efectivo con los casquillos y las tarifas de participación. Usted sabe que don' ¿t usted?
The match on their retirement account fully max out roth ira you are telling me that they have.
For the typical middle income consumer after the typical middle income consumer after the securities exam secondly this product is not for to.
The match on their retirement account fully max out iul.
The securities exam secondly this product is not for the securities exam secondly this product is not for to max.
G.I.U.L.’s mirror the S&P 500, the Dow Euro Stox & the Heng Seng indecies which have averaged about 10.5% R.O.R. over the past 30 years. I.U.L.’s mirror just the S&P 500 which has averaged about 9% over the past 60 years. You want proof? Look at the histories of those indecies. My proof is in my cash value balance of my own G.I.U.L. as well as all my clients G.I.U.L. cash value balances.
The proper protection they need while helping middle income american families by bringing these iuls giuls now however select agents such as myself have known about bought these phenomenal policies to 10 years earlier and giving them and giving them high ror account for emergencies as.
The us more than 85 of people in the us more than 85 of the tax laws btw have been serving helping them high ror account for emergencies as well.
Posted in Life Insurance Videos
gaddiswfg: What about all the hidden charges that cash value policies seem to always have. You are just like all the rest of the agents here that try to cover up the true face of cash value policies with words like mirroring and comparable. Why don’t you just get the real thing in the first place and forget about all the complicated crap. I have proven thousands of time that BTID will beat ANY cash value policy.
$75 annual income, wife, kid and mortgage and you say $1 mil is overkill?
You are living the 80’s all over again. Keep doing you 10.5% illustrations and underinsuring middle income America.
If your company is letting this go on, I see why so much negative about them. You better get E&O insurance if you don’t have it.
@inswiz. His cash value of over $2Mil at age 65, BTW, has grown tax free and he can take up to 90% of it out completely tax free too or he can take however much he wants out every year completely tax free for the rest of his life while it’s still earning a R.O.R. as long as at least 10% remains in the cash value which his beneficiaries get at his passing on top of the DB of $750k. We’ve delivered hundreds of DB’s last year alone. I’ve seen first hand how amazing these are. Nothing else compares
How much % of Term pay out? Less than 1% did you know that or are you just arguing dishonestly?!!
@inswiz. Heres your G.I.U.L. quote. 35yr old male. Nonsmoker good health. $750k DB. Monthly premiums= $356. He stops paying premiums at age 65 policy stays in force for life. Cash value at age 65 is $620k. total net DB=$1,370,000. At age 70 CV is $927k. Net DB=$1,677,000. If he max funds it, monthly premiums=$1455 for first 7 years then back to $356 stopping at age 65. At 65 CV=$2,081,000, Total net DB=$2,831,000. Age 70 CV=$3,200,264. Total net DB=$3,950,264. Nearly $4mil total DB.
Well, first of all, if your 30 yr old male is a middle income person, $1 mil DB is probably overkill and since at least 10% of the cash value must remain in it according to IRC-7702 of the IRS tax code, and the beneficiaries receive both the DB & whatever cash value is there the DB doesn’t need to be as much as a term would. I’ll give you a general quote shortly. Non tobacco? Good health? I’ll assume so. I’ll base his D.I.M.E. on $750k
@inswiz. Actually, to better inform you, I.U.L’s & G.I.U.L.’s have flexible premiums and allow the policy owner to adjust their premiums as things change. They also allow the client to stop paying premiums completely at any age, like age 65 for example when they retire and the policy remains in force for life plus their cash value still grows tremendously that they can use tax free. Oh &100% of permanent policies that are in force at time of death pays out. They come with a “No Lapse Guarantee”
Where did you get that stat? I can find tons of sources backing that 2% of term insurance don’t pay out a death benefit.
Where did you get that stat? I can find tons of sources backing that 2% of term insurance don’t pay out a death benefit.
Realmente absolutamente el contrario. I' d recomienda el hechar una ojeada mejor el grupo financiero del mundo. Ponemos raramente a nuestros clientes en VUL' s a menos que el cliente quiera ser un & más agresivo; tome un riesgo más alto para vueltas potencialmente más altas. Pero, ponemos raramente a nuestros clientes en VUL' s. De hecho, sobre el 95% de nuestros clientes consiga G.I.U.L.' & de s; I.U.L.' s. También la mayor parte de nuestros agentes son seguridades autorizadas. Tenemos un cociente más alto de los agentes autorizados las seguridades de nuestros agentes 28k+ que otras compañías nuestro tamaño incluyendo Primerica.
Hay un coste del seguro que est? a parte de lo que usted puede poner en el valor de efectivo. la cobertura de $1mil pudo ser demasiada cobertura a prop?sito. Muchas veces cuando recomiendo seguro del valor de efectivo yo agregan a un jinete del t?rmino para mantener bajos costes del seguro. Eso permite que m?s incorporen su valor de efectivo.
El fondo es t?rmino y el seguro del valor de efectivo tiene su lugar. Usted tiene que mirar cu?l es conveniente. Los planificadores financieros que toman acercamientos del galleta-cortador con sus clientes hacen una deservicio.
No dhfken, you are the only idiot that is convinced that term is terminating the prosperity of America. How many books have you sold? 3, 5, ok 10. What I find amazing is that some lop sided idiot like you only comes up with your stupid theories when economic times are not so good. Personally I think that they are great but you don’t sell that type of information. Good luck on selling 2 more books.
The the target and how much for the middle income.
For 1mil 30yr term for the 10 or 20 year guarantee rate give me the middle income.
Do you know that only 9% of permanent policies payout. Due to what? lapses, the consumer is no longer able to afford or not comfortable with the premiums, policy did not perform as the agent told them, etc.
Did you know that only 2% of term policies end up paying out a death benefit? Trying to say that cash value insurance rips people off, but term doesn’t is so lame.
I know the difference between IUL and VUL’s. YOur company World Financial Group has it agents push VUL. Since VUL’s became popular and many of the agents can’t pass the securities exam you guys push IUL’s.
¿Cuál es la tarifa de participación para su WRL GIUL?
Get your facts straight buddy! I wasn’t even referring to VUL’s. VUL’s are variable and carry a risk. I know that, being a securities registered rep. G.I.U.L.’s & I.U.L.’s are indexed products that give clients both principal and rate of return guarantees.
@inswiz. Actually griffyn is correct. Pretty much what I was going to say.Those companies BTW are just a few that offer these vehicles.
ING and Pacific Life has I.U.L.’s which are also good. G.I.U.L.’s are offered from Western Reserve Life. Participation rates are extremely low and are greatly outweighed by their fantastic performance. The G.I.U.L. from WRL has a 13.25% cap. The I.U.L. from pacific life has no cap at all. Pac premiums are slightly higher than WRL but worth it because of no cap. It’s of course all going to depend on what’s best for the client and their goals. Each individual is different.
You guys push VUL’s and IL’s so the company teaches you guys that term is temporary.
Don' t cree el bombo Gaddis. ¿Qué compañías GIUL usted está hablando? Era inconsciente que ING vendió un producto de GIUL que podría ser incorrecto. Dígame el nombre del producto de GIUL y haré que me envíen espec. por fax.
Los mercados pueden haber hecho un promedio de 10.5% pero la compañía controla cuánto acreditarán a valores de efectivo con los casquillos y las tarifas de participación. Usted sabe que don' ¿t usted?
The match on their retirement account fully max out roth ira you are telling me that they have.
For the typical middle income consumer after the typical middle income consumer after the securities exam secondly this product is not for to.
The match on their retirement account fully max out iul.
The securities exam secondly this product is not for the securities exam secondly this product is not for to max.
G.I.U.L.’s mirror the S&P 500, the Dow Euro Stox & the Heng Seng indecies which have averaged about 10.5% R.O.R. over the past 30 years. I.U.L.’s mirror just the S&P 500 which has averaged about 9% over the past 60 years. You want proof? Look at the histories of those indecies. My proof is in my cash value balance of my own G.I.U.L. as well as all my clients G.I.U.L. cash value balances.
The proper protection they need while helping middle income american families by bringing these iuls giuls now however select agents such as myself have known about bought these phenomenal policies to 10 years earlier and giving them and giving them high ror account for emergencies as.
The us more than 85 of people in the us more than 85 of the tax laws btw have been serving helping them high ror account for emergencies as well.