When you have a debt to pay off, you take a loan against the policy’s cash value instead of borrowing from a traditional bank or lender.

Discover the Wealth Secrets of the IUL
Why hasn’t my financial advisor ever told me about this?

Reason 1: Most financial advisors don’t know that an account like this exists. Nor, do they know how to set it up to be legally tax-free for the account holder.

Reason 2: Most financial advisors recommend financial vehicles that the company they’ve contracted with… tells them to recommend.

Reason 3: They don’t want to take a pay cut! In IRAs and 401Ks, advisors charge fees and commissions on the deferred tax liability, which drives up your investing cost.

As a result, less than 0.07% of Americans have what we call a compound interest account set up—while more than half the population has a taxable 401(k) or similar tax-deferred retirement account.

Note: Most IUL life insurance policy loan charges are during the first 5 years of the policy. Years 6 and beyond comes out to be no charge for a policy loan. Typically called a “wash” in the insurance business.

This is due to the policy loan being credited back to match the policy loan fee.