As consumers, it is common sense to pay attention to the price tag and fine print when purchasing products, especially down to the bottom line. However, when it comes to shopping for a life insurance policy, one should take specific precautions when doing so as some insurance companies purposefully manipulate the illustration to raise your expectations that are not actually achievable. In the industry, we call this “illustration manipulation.” Luckily, we have taken steps to protect the consumer and help them to become informed buyers when it comes to life insurance.
In this episode of Money Script Monday, Kevin breaks down red flags to be aware of when comparing Indexed Universal Life illustrations amongst carriers.
Resources Provided for This Episode
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Advisory Services offered through LifePro Asset Management, LLC. The information presented here is not specific to any individual's personal circumstances. These materials are provided for general information and educational purposes based upon publicly available information from sources believed to be reliable—we cannot assure the accuracy or completeness of these materials.