Indexed Universal Life is Overfunded Whole Life Insurance. At its core; life insurance is not an investment but instead is a strong foundational asset. Therefore it shouldn’t be compared to other investments as it has different inherent characteristics than an investment. The And Asset enhances all other investments in one’s portfolio today and in the future.

Index Universal Life is a tool that can be used for the right person to create a strong financial foundation. It is a powerful tool when set up and used properly, but if set up and used improperly it can cause more harm than good. Therefore we believe individuals overwhelmed in bad debt that aren’t able to save $10,000 per year due to overspending or cash flow issues need to focus on this first.

From there, introducing the And Asset is appropriate. $10,000 is a rough barometer to go off of. If you are younger you have time on your side so doing less than this still gives you plenty of time to let your policy compound to grow to something significant (This applies to your kids as well*).

If you are older you would likely want to contribute more than $10,000 as 10k per year for someone 50 and older likely won’t give us the desired results we are looking for. Statistically, one will have less time than someone younger, therefore your policy has less time to compound to anything of significance to make a major impact on the desired result.

When you properly structure whole life insurance intended for cash value growth, which we are experts at, you can borrow against your policy roughly 30 days from starting your policy. In some instances it can be even sooner but this is a good number for safe expectations.

If you are older and or have health concerns there are options for you. Please watch this video as it gives you a more detailed response for all of those options. (watch this video)

Some would say if it sounds too good to be true, it is. But the reason why most have never heard of this concept is because it is not taught in formal financial education. It also isn’t offered in standard jobs as a retirement plan. The banks want you to store your capital with them causing life insurance to get a bad wrap as it is misunderstood when it is designed properly for cash value growth. The banks and institutions tell us to store our money with them while simultaneously storing billions of dollars into Life insurance for multi dimensional uses.

Dave Ramsey has provided a ton of value to many families. Dave Ramsey is not for everyone just like Index Universal Life isn’t for everyone. Dave Ramsey is trying to speak to as many people as he possibly can while still being right. Dave Ramsey is not a fan of debt and leverage therefore for most real estate investors, business owners and individuals wanting to build any significant wealth, we believe would be underserved following Dave’s advice.

With that being said we completely understand why Dave says what he says. What he does know about whole life is the typical whole life that is sold in the traditional way so we can’t even say Dave is wrong. Therefore Dave and I are speaking to different audiences. He is an expert in getting people out of debt and we are the experts in setting up and properly using whole life insurance. We are for the audience who wants to build and pass down generational wealth to the people they love the most.