I’ve dealt with the “hottest” (I know, it’s life insurance) product booms and busts for all my career. I’ve always been leery of products that promise amazing results (Variable Life for example), and always found they don’t live up to the hype.
Anyway, these days Indexed Universal Life is the hot one, and I’m once again reviewing the merits on behalf of a client. In short, there are MANY issues and concerns, and you should go in wide-eyed and well-informed if you ever buy one of these.
Here’s an excellent article from The Bishop Company explaining: