Clients’ Misunderstanding About Indexed Policies
November 28, 2021 by Bill Boersma
Some things in life seem straightforward enough that they don’t need explanation, but experience often proves this assumption wrong.
Wink’s Note: Who would think that no matter what, you cannot lose money in an indexed universal life product?!?
LIFE INSURANCE COSTS MONEY!
I am just having trouble with the statement that “when someone is presented with a guaranteed minimum of 0%, they reasonably assume they can’t lose their money.”
How about you? Have you run into people that think this? -sjm