There are some considerations to know before selling or buying an Index Universal Life insurance (IUL) product. Some IUL products include Bonus Multipliers that enhance the illustrated interest rates for a more favorable, though unlikely, illustrated result.
At face value they look great! These illustrations look mathematically correct, but they tend to portray the most positive possible outcomes - something most clients might not experience. Stress testing these illustrations is a vital component of understanding the potential risks.
Take a look at the scripted presentation, white paper and NEW training video we’ve created to help improve understanding of illustrations, IULs, bonus multipliers, and how it all really works.