Indexed Universal Life Insurance and Artificial Sweeteners?
Knock-off products are commonly sold to people who: believe they are getting something of value for less than it should cost, don’t care about quality, or have no idea what they are purchasing. Knock-offs can be found in most every market including fashion, food, and finance. Purchasing a fake Rolex, Gucci bag, or even an artificial sweetener made with “real sugar” are common knock-offs that people purchase frequently. But regardless of what knock-off is bought, it never feels, performs, or withstands like an original. Fake, after all, is still fake. But, as American showman P.T. Barnum once noted, “There’s a sucker born every minute.” Thus, knock-offs will continue to be sold to those suckers who can’t determine value, are desirous of getting something for nothing, or who are merely ignorant.
Recently, a common artificial sweetener made with “real sugar” has been exposed for what it really is. One of its metabolites (a substance produced when something is broken down in digestion or other bodily chemical processes) has been shown to be “genotoxic”, which means it can cause damage to human DNA. As reported in Healthline, North Carolina State University found sucralose, interacting with human gut bacteria, forms harmful metabolites that alter human DNA, causes the gut to leak, and increases the risk of cancer. Isn’t that just splendid?
Of course, you’ll be delighted to know the FDA is on to this. Exactly one day after this significant research was published, the FDA updated their recommendations on artificial sweeteners, re-approving the use of this toxic chemical made with “real sugar.” Don’t fool yourself. Why should the FDA concern themselves with all the diet drinks, baked goods, chewing gum, gelatins, frozen foods, and desserts which this artificial sweetener has found its way into? Why should they care if this toxic ingredient is added to Tylenol, Pepcid, as well as common cold and flu medications? Is there any reason the FDA should not continue to throw caution to the wind even though The Journal of Toxicology and Environmental Health, has concluded “there is a rising health and safety concern associated with the presence of sucralose in the food supply”?
Don’t be so sour. The “fox in the henhouse” concept behind the FDA was never intended to protect the hens or the eggs. The fox’s entire scheme is to feast on the hens and eggs at the expense of the farmer. So much for the knock-off artificial sweetener made with “real sugar.” It may be 600 times sweeter than sugar but it’s NO improvement on the real thing. If you’ve been had, and are now suffering with leaky gut, there is something you can do about it. Go to OptimalHealthSystems.com, and order the 21-Day Blitz Challenge. It will help heal your gut and get you off your sweet tooth cravings and onto a better and healthier life. And don’t forget to apply your discount code: OHSWEALTH as you check out. Saving money is important.
You know, Indexed Universal Life insurance (IUL) is very much like an artificial sweetener. It is sold as being so much “sweeter” than dividend paying Whole Life insurance yet packs some serious side effects just like sucralose does. The Center for Economic Justice has warned the public to “stay away from IUL,” but to little avail because agents, and life insurance companies, keep re-affirming people it’s safe and effective to own. But here is why the Center for Economic Justice is shouting the warnings about IUL.
1. IUL contracts are very complex and complicated, most life insurance agents don’t even understand them.
2. The cost of insurance in an IUL policy increases indefinitely by as much as 7500% over a lifetime.
3. The multiple fees charged for an IUL policy are much more expensive, some say excessive, than the fee charged for whole life insurance.
4. 100% of the risk associated with the investment portion of an IUL policy is carried by the policyholder NOT the life insurance company as it is with whole life insurance.
5. The insurance company isn’t required to maintain the same high capital reserves when issuing an IUL policy as they must when issuing a whole life insurance policy.
In other words, there are financial risks assumed by a policyholder when purchasing an IUL policy which are not assumed by a policyholder when purchasing a whole life insurance policy. Surprise! Sounds too simple, there must be some catch. Besides who cares about increasing costs of insurance, assuming non-essential risk, and paying more in fees? Doesn’t the entire scheme of life insurance really boil down to how much money can be made at the expense of the policyholder? I mean come on. Life insurance is a rip off anyway, isn’t it?
This certainly seems to be the game plan of many, both in and out of government. Seems someone is always feasting at the expense of the farmer. No wonder we were cautioned by Christ himself to “be as innocent as doves and wise as serpents because we are but sheep in the midst of wolves.”
Yet this fact remains, dividend paying whole life insurance is the only life insurance product sold today which is the result of consumer demand NOT agent strategy, government regulation, or company marketing. Policyholders demanded insurance companies provide a product which could be paid off completely. The idea of paying premiums forever was unacceptable to freedom loving Americans. In America, private ownership and freedom were inseparable and therefore Americans demanded whole life insurance instead of the kind of life insurance policy which was leased on a year-to-year basis and never developed any equity. Insurance companies listened to their consumer base and designed whole life insurance which could be completely paid off, or in insurance language paid-up, and for the first time Americans were able to pay off their life insurance just like they were used to paying off their house, their car, their land, their horse or whatever it was they were purchasing.
Unfortunately for the life insurance consumer today, many insurance companies are moving away from offering policyholders the option of purchasing dividend paying whole life insurance. Some insurance companies today exist primarily to satisfy their stockholders, and only secondarily, to provide life insurance to their consumer base. This loyalty switch, from policyholder to stockholder, encourages insurance companies to sell knock-off products which have the appearance of whole life insurance policies but instead expose the policyholder to various risks, many of them not understood even by the agents that sell these policies.
IUL appeals to greedy folks who are looking to get something for nothing, or merely to the ill-informed. IUL policies look like they are going to perform so much “sweeter” than traditional dividend paying whole life insurance. Yet to those who are wise, dividend paying whole life insurance is still the best life insurance to own if you want lifetime protection. Index universal life is an imposter commonly sold as being better than dividend paying whole life insurance. IUL is really sold because it reduces the capital reserve requirements of the insurance company, and it increases their profitability. Of course, neither of these things enhances the value of IUL for the policyholder, after all the game plan is to feast on as much as possible at the expense of the farmer. How could we assume anything else?
If you’ve been had by an IUL sales-person or been sucked in by some insurance marketing scheme, just call 702-660-7000 and get the help you need. When you call, say you want a life insurance review. The rest is easy. Life it too short to assume unnecessary risk. There is a solution. Stop agonizing over the increasing cost of insurance, the extra fees and added risks you have assumed with your IUL policy purchase. Shouldn’t you be allowed to keep that money for yourself? Or do you believe the wolf should continue to feast at the farmer’s expense?