We never talk about variable universal life insurance. It's true, the black sheep of the life insurance world isn't something we ever really discuss.
And occasionally someone comes along to ask us about it so we figured today was as good a day as any to discuss it.
There's not that much to say about it other than it's not a great idea and we think that it's a mistake to mix the world of traditional “investing” with your life insurance. There are so many wonderful things that life insurance brings to the table that are a fantastic hedge against the world of traditional investing in stocks, bonds, ETFs and mutual funds.
Why mix the two?
Brantley is a practicing life insurance agent and has been for nearly 18 years. After years of trying to sell like his sales managers wanted him to, he discovered that people want to buy life insurance if you actually explain the benefits.
IPB 107: When Interest Rates Go Up, Bonds Go Down. What Does It Mean for my Life Insurance?
IPB 105: Is Indexed Universal Life Insurance Worth it even if the Interest Rate Assumptions are Wrong?
IPB 104: You Can Just Buy Bonds: One of the Reasons Not to Buy Whole Life Insurance
IPB 103: Why Does the Life Insurance Industry Suck at Marketing?