Being pitched index universal life insurance at an MLM seminar

So I recently got into a long winded debate about the merits (or lack thereof) of Index Universal Life Insurance, “IULs” for short. This debate involved myself against 3 life insurance agents who were pitching IULs to a larger audience. It was quite entertaining (for me anyway).

Their pitch on “IULs” are essentially the following:

  • Index universal life insurance are polices which offers the holder the opportunity participate to see their “policy appreciate” by investing in the stock mark , this is…