Inherent Dangers Hidden in Indexed Universal Life Insurance Contracts
wealthweekly.substack.com
In the 1950’s the tobacco industry exemplified what unscrupulous marketers always do. They illegitimately sold their products willfully implementing misrepresentation, altering experimental results, and disguising cases studies for the purpose of financial gain and market domination. Big Tobacco ads were highly successful and totally misleading, but Big Tobacco didn’t care, as long as it increased their financial prowess and provided them with the money to control congress and state legislatures across the country. Some of those ads such as, “Reach for a Lucky instead of a sweet”, “More doctors smoke Camels”, “Ivory tips protect your lips”, “Just a centimeter longer 101”, and the kicker targeting pregnant women; “Winston, when you are smoking for two”, sound preposterous today, but they certainly pulled in the money for Big Tobacco. Philip Morris introduced the Marlboro Man in 1955 and sales jumped by more than 3,000% over the next 12 months, bringing in a record $5 billion, $50,000,000,000 in 2023 dollars.
Inherent Dangers Hidden in Indexed Universal Life Insurance Contracts
Inherent Dangers Hidden in Indexed Universal…
Inherent Dangers Hidden in Indexed Universal Life Insurance Contracts
In the 1950’s the tobacco industry exemplified what unscrupulous marketers always do. They illegitimately sold their products willfully implementing misrepresentation, altering experimental results, and disguising cases studies for the purpose of financial gain and market domination. Big Tobacco ads were highly successful and totally misleading, but Big Tobacco didn’t care, as long as it increased their financial prowess and provided them with the money to control congress and state legislatures across the country. Some of those ads such as, “Reach for a Lucky instead of a sweet”, “More doctors smoke Camels”, “Ivory tips protect your lips”, “Just a centimeter longer 101”, and the kicker targeting pregnant women; “Winston, when you are smoking for two”, sound preposterous today, but they certainly pulled in the money for Big Tobacco. Philip Morris introduced the Marlboro Man in 1955 and sales jumped by more than 3,000% over the next 12 months, bringing in a record $5 billion, $50,000,000,000 in 2023 dollars.