Hello, John Ensley here, President of J-Ensley Financial and one of only a handful of Bank On Yourself Authorized Advisors in North America. This is tutorial #6 and our topic is why we never, ever, use Universal Life (UL) Insurance, Index Universal (IUL) Life Insurance or Variable Universal (VUL) Life Insurance contracts for the Bank On Yourself concept. The below video from Bank On Yourself does an excellent job of explaining the 7 key reasons we ONLY use a properly structured whole life insurance contract and NEVER, EVER, use UL, IUL or VUL insurance products for Bank On Yourself…

Click the link to learn more about: Universal Life Comparison Article

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