100 Insurers Message Board

Subject: Re: Re: Re: Re: follow up

Comments:
: : : : : : There is certain info that I need about the VUL. : : : You have many different choices as far as prem. are concerned. : : : To use a VUL as an investment, you would want to over-fund it, Max. prem. Min. insurance. : : : Or you could just pay "target" prem. : : : Bottom line: BTID is better that a VUL paying less that Max. prem. which is the same as max. funding. : : : IMO, you did the right thing. : : : I can't compare to a whole life when Mike won't post the Whole LIfe numbers. : : : How can you compare anything if you don't have anything to compare against? : : : : : : : : Mike & Jax, : : : : My posting to jax regarding my policy did not appear. I wrote that I bought a 30 yaer term policy with a death benefit of $350,000 for a yearly premium of $372. Comparing that policy to the vul the agent offered me i felt that my choice was the better one for me. I will invest the money i would have put in the vul in a roth ira. that was my decision. : : : : Mike, I was hoping you would post some numbers for a vul that you would offer, but I don't think you will. It has dawned on me that you are most likely not even a life insurance agent. You CAN'T offer a plan because you don't have one. : : : : I find it reprehensible that you would post on the : : : : subject (pretending to give advice) when you have NO qualifications whatsoever. If you are an agent, please post a quote so this dicscusion can take place. : : : : Jax, would you like to post a quote for a vul for someone in my position. perhaps then we can all see how the two options compare. : : : : thank you. : : xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx : : Gentlemen, I have a problem when anyone addresses any form of life insurance as an "Ivestment", and so do State D.O.I's. : : Live insurance's purpose is not an investment it is designed for a substitution for lost income in the event of an unexpected untimely death. : : The cash value build-up in any form of life insurance is simply a forced savings plan and nothing more than that. : : Many agents and their companies who market life insurance as an "investment" have been taken to the cleaners at their trial so to say, by attorneys representing vitims of insurance companies and/or agent's who had orchestrated that the victim was purchasing "an investment". : : The motto of the story is, "If you don't place your neck on a chopping block your neck will never be cut off". :-) : : xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx : TO: JAXX AND EDITOR POSTERS : Why is it that each and every one of the posters who bash and libel me on this board have failed in the Insurance and financial services industry? : One of those persons failed three times with three different insurance companies having his insurance licensed cancelled on him and the NASD refusing to reinstate his securities authority after the second company issued a unsatisfactory report on him. : As for the other one, he was only licensed in the business for eight months and when his insurance company appointment was cancelled on him, the licensing authority cancelled his license on him at the same time. : This can be documented if anyone would care to see the correspondence I have in file to support my statement. : CASH VALUE LIFE INSURANCE IS NOT AN INVESTMENT. IT IS JUST ANOTHER AVENUE OF ACCUMULATING MONEY ON A REGULARLY SCHEDULED BASIS. : Why is it that Jaxx and Editor have never ever taught insurance and/or published any insurance books as I have if they are so knowledgable on the subject matter? : In fact I know of one who tried and admittedly he states he sold one information package, woowsie. : A different one I know of who applied his so called insurance knowledge in the field wound up earning $8.77 a week in new business commissions for a thirteen week period before the company terminated him. : NOW DOES ANYONE WANT TO CHALLENGE MY AFLAC LATEST POSTING EVEN THE POSTER EDITOR IF THE REAL SPONSOR OF THIS BOARD POSTS IT HERE?

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