DEBATE: Whole Life VS IUL | Which Life Insurance is Better? With @LIFE180 & Terry Rocks

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Chris Kirkpatrick from @LIFE180 and Terry Rocks, the President & Founder of Teleios Financial Partners debate live on the very heated topic of whole life insurance vs IUL (indexed universal life). In this debate Chris and Terry cover a wide array of topics, all centered around the questions of, which permanent life insurance product is better and which is the right option for you?
0:00 – Debate Intro
3:14 – Brief Intro to Terry Rocks (Pro IUL)
3:44 – Brief Intro To Chris Kirkpatrick (Pro Whole Life)
4:23 – Terry’s Background & Rising Costs
13:55 – Chris’ Background & Response to Rising Costs
18:58 – Open Dialogue Begins
25:43 – “Can’t guarantee Paid Up for IUL”
38:59 – Should There be More Regulation on IUL?
46:53 – The Problem of Demutualization & Bad Life Insurance Companies
52:52 – What’s Better for Early Cash Value?
59:52 – Would you use IUL for Infinite Banking?
1:04:41 – When does IUL Outperform Whole Life in Cash Value?
1:07:40 – Whole Life Will Outperform IUL? Concerns with the Market.
1:18:46 – Chris’ Big Concerns
1:24:01 – The Debate Starts to get Heated
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*This video is for entertainment purposes only and is not financial or legal advice.
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