YIKES! This is big news! Educate yourself!
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And...here we go... Learn to disect an IUL so you don't fall victim to the false marketing tactics, such as "tax free retirement," as many others have. As somebody who personally lost around $10,000 through the use of an IUL thinking it was something it is not, and seeing many others lose money due to "bad investment advice," I passionately share this information with you to help you avoid damages. While the product in an of itself isn't necessarily a bad product, there's almost 0% is was sold to you correctly and you weren't mislead into buying think it is something it is not. The court documents dive deep into the "uncapped" indices and how they actually work along with the REAL RETURN VS WHAT THEY PUT ON PAPER! Spoiler alert...IT'S UGLY! The practices descibed here are not limited to National Life Group and their IUL, rather many companies industry wide use these tactics... not only in IUL but also in Fixed Index Annuites. The sad thing is, even if you had an agent with a good heart and seeking to do right by his/her clients, the deception has easily fooled many agents and consumers alike. I encourage you to get a second opinion if you are looking at any of these products as things may not be what they seem. DM if you have questions or want a policy review! #cashvaluelifeinsurance #IUL #indexing https://lnkd.in/gXaPqPmG