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URL:  http://boards.fool.com/im-new-to-the-insurance-industry-so-ive-been-30457852.aspx

Subject:  Re: Retirement, college, and Obamanomics Date:  12/30/2012  9:55 PM
Author:  CCinOC Number:  71121 of 76081

I'm new to the insurance industry, so I've been studying Indexed Universal Life (IUL) products intensively. From my studies, I believe the following to be representative of this product no matter who offers it:

~ Allow you to draw income in retirement tax-free
~ Receive market-like returns without any market risk
~ Never take a market loss
~ Allow you to access your money at any age
~ Give you an option to continue to make your savings contributions if you become disabled
~ Provide a large, income-tax-free lump sum payment to your family if you die prematurely
~ Remain protected against judgments and lawsuits (in many states)

I'm not sure what Dave means about an IUL being used to fund college educations. Perhaps he will explain.

I think the insurance industry doesn't do an effective job of educating the public about IULs. Perhaps they'll get better as our country's fiscal crisis deepens.
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