Total Comments: 431
Posted: Wed May 07, 2008 02:47 pm Post Subject: insurance
Can you give me some advice on which WHOLE LIFE policy i should get?......44 year old, single mom, smoker. 'low-income'. Myson: 15 year old, VERY ACTIVE (LOL) I would something that can build CashValue. Can any 'experts' on this thread, give some advice/ I live in PA. Thanks for your support!!LOL
Posted: Wed May 07, 2008 07:54 pm Post Subject:
I found a couple other sites covering EIUL. Some say using a life insurance policy to build wealth, savings, investing, etc is not really a good option unless you have maxed out all other forms of retirement investing? Is this a logical statement, or purely opinion? I have always been of the understanding that Whole/Universal life investing wasnt all that great. And that there are better alternatives. I already have a healthy term policy, and the rep showed a policy death benefit of $53,000. So for the $100/mo investing, is it a smart move? Or could I be better served sticking it elsewhere.
Posted: Sun May 25, 2008 07:14 pm Post Subject: eiul link
I found a link here which might help you..
Posted: Sun May 25, 2008 08:49 pm Post Subject: eiul
good thing i found this site..... equity indexed universal life insurance is really good especially for kids and protection. for kids they dont have to qualify and the monthly conribution is way less... and also they can get a policy without a cap for instance the market goes up to 20% then your money just does that and you still get the guarantee 1%-4% it depends i guess, but surely a 1% guarantee when market goes down... also depend which carrier u have. there a company there that provide the best eiul so far because they work with several carriers so they give the bes options...its called World Financial Group (WFG).
Posted: Mon May 26, 2008 05:09 am Post Subject: yes
yes, thats correct. Go ahead and have good life
Posted: Wed Jul 16, 2008 01:48 pm Post Subject: equity indexed universal life is not an investment option
Yes.. please listen to this markmallari and do a quick search on WFG and their products. You'll find a bunch of inexperienced people who have zero knowledge of financial consulting aside from memorizing the series 6 and 63 test answers.
EIUL should NOT be looked at as an investment option, it is a life insurance policy before anything else.
Posted: Sun Aug 10, 2008 07:04 pm Post Subject: EIUL Supporter
Hi to all, my husband and myself purchased an EIUL this year and are very pleased with the plan. We were used to purchasing insignificant things on a daily basis that before we knew it we had already wasted about 400.00/week (just in going out to eat, buying clothes, movies etc...) Today, all the extra money just simply goes into our savings. Really we all just need to educate ourselves on the products that are available to plan for the future. For us the EIUL was the best product. Good luck to all...
Posted: Mon Aug 11, 2008 05:33 am Post Subject: equity indexed universal life insurance
Vivi, you are an example before us all :) very few like you actually think about their life the way you and your husband have thought.
Friends, IMO this is a very good example of appropriation of fund, how easily we can curtail bad expenses and can create a fund for our future without more toils.
Vivi I wish you and your family a very happy and secured life. Please, keep dropping in time and again.
Posted: Thu Aug 21, 2008 10:37 pm Post Subject:
EIUL is the best product out there. If you want to save for your future then EIUL is the way to go. The best thing about EIUL is that is provides two things for you. It provides protection for yourself and family and also retirement when you're old. The only question that most people need to ask themself is if they want to retire rich or poor, young or old. Because retirement has nothing to do with age but everything with money. In my personal opinion, I think its sad how some people dont understand about the EIUL product and talk bad about the produce. If you are smart and want to live in your golden years, then EIUL is the way to go..
Posted: Thu Aug 21, 2008 10:50 pm Post Subject: Equity Indexed Universal Life
WFG is not bad. Its the people that did not make it with the business are the bad ones. Success through any kind of business does not happen over night. It takes a while for you to become successful in anything you do. WFG is a company that gives people a chance to live again and to become somebody. In WFG you are your own boss. You work for yourself but never by yourself. There are great support and teamwork in WFG. If you are one of those people who like to depend on a boss then thats good you. Just remember.... whoever controls your paycheck controls your life.. WFG gives people a change to take control of their own life.