UnThreaded | Threaded | Whole Thread (147) | Ignore Thread Prev Thread | Prev | Next | Next Thread
Author: MurrayS Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75383  
Subject: Re: Strategy comparison S&P500 vs. IUL [rev 1] Date: 4/7/2013 9:41 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 1
What are the loads or annual fees for the IUL? Exactly how are those applied?

Ahh, I found it...sort of:

• Premium charge: A premium charge of 5% will be deducted as premium is paid into the policy.
• Monthly insurance cost charge: An insurance cost charge will be deducted every month on the monthly anniversary and is
based on factors such as age, gender, and risk class.
• Monthly policy charge: A policy charge of $7.50 per policy will be deducted every month on the monthly anniversary.
• Monthly expense charge: An expense charge will be deducted every month on the monthly anniversary and is based on
age, gender, death benefit amount, and risk class.


5% load on all money put in.

What, exactly, are the insurance costs and monthly expense charge??

-murray
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (147) | Ignore Thread Prev Thread | Prev | Next | Next Thread

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Macro Economics

2.1: The Labor Pool Problem
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement