Before you buy an IUL, ask your agent to show you the GUARANTEED column. They told you, “You can’t lose money because there’s a 0% floor.”
But did they explain the policy fees, insurance costs, caps, and charges that can still affect your cash value? Before you buy an IUL, ask one question: “Can you show me what’s guaranteed?” I bet you won’t buy it after that.
Don’t buy what you don’t understand.
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