The Hidden Truth About IUL

The things that I've learned consistently and heard from many other experts in the industry is really how these products primarily push the results and the onus onto the policy owner. And they almost strip away all of the requirements for the insurance company to be on the hook. In comparison to dividend paying a participating whole life product. The insurance company is taking on fundamentally all the risk components, and they're absorbing that and making guarantees versus the IUL saying, you want to go and do it yourself? Cool. We're going to unbundle all the pieces, we're going to open it up in a buffet menu, we're going to put it in a product, and we're going to let you choose all your options. But the moment you choose it, the onus is on you for the rest of the time.