If you watch my channel, you know I am a big fan of whole life insurance over Indexed Universal Life. I cover a lot of reasons why that is the case in this video. Doug Andrew proves that IUL is dangerous if you are not 100% educated before buying and putting your trust in an expert.

Resources
Watch This ►    • Indexed Universal Life Training  
Course ► https://www.cashflowhacking.com
Book ► https://amzn.to/3rkTM1w

Set up a call to discuss your finances or life insurance business
https://calendly.com/_life180/clarity...

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Amazing tools to build your business:
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https://life180.com/ClickFunnels
https://life180.com/Dubb
https://life180.com/Canva

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0:00 IUL vs Whole Life and Doug Andrew
2:15 Why Doug Andrew isn't trustworthy
4:30 IUL's are not meant to be used for Infinite Banking Concept
7:30 Lawsuit after lawsuit isn't a coincidence
9:58 Live Abundant sued over horrible and inappropriate IUL
25:00 Live Abundant sold unregistered securities to fund an IUL and it blew up
27:45 Doug Andrew tells a compelling story, but it will hurt you financially
29:10 Fool me once shame on you, fool me twice, shame on me
29:40 Class action suit with over 66,000 plaintiffs sue Doug Andrew
33:25 Over 20,000 IUL policies fail in Doug Andrew lawsuit
34:25 Aaron Andrew has his securities license stripped for selling Ponzi scheme
36:25 Laser Fund book will RUIN your financial future BUYER BEWARE
39:00 BBB complaints about Doug Andrew and Live Abundant
42:00 Man loses retirement buying Ponzi scheme from Doug Andrew and live abundantly
46:20 Doug Andrew takes a loan to fund his own IUL and defaults on loan payments

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Resources Referenced In Video:
Aaron Andrew (Doug’s Son) notes:
https://www.investmentnews.com/banned...

Doug Andrew Ponzi Scheme Article:
https://rqn.com/blog/utahsecuritiesfr...

Doug Andrew’s Company, Live Abundant, BBB Page:
https://www.bbb.org/us/ut/saltlakec...
Lots of good (bad for him) testimonials in there….

Doug Andrew Sued:
https://www.courthousenews.com/radio...

Lawsuits:
https://drive.google.com/file/d/1shlG...

https://drive.google.com/file/d/13sin...

https://drive.google.com/file/d/12GWT...

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FOLLOW CHRIS ON SOCIAL MEDIA
SOCIAL LINKS ► https://y.at/
LinkedIn ►   / ckirkpatrick13  
Facebook ►   / life180llc  
Instagram ►   / realchriskirkpatrick  
TikTok ►   / realchriskirkpatrick  

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ABOUT LIFE180
Chris Kirkpatrick launched LIFE180 as a solution to a problem. As the director of business development for a Fortune 1000 life insurance / broker dealer, he became disenchanted with the financial industry because of the lack of education provided to clients and how "financial advisors" were really just glorified sales people.

So... LIFE180 was launched to help give relevant financial education for people to create wealth. Along the journey, LIFE180 has evolved. Chris quickly realized he was passionate about not just helping entrepreneurs on how to leverage their money, but how to build their businesses.

Over the past 5 years, Chris has spent thousands of hours mastering the art of online business development for himself and clients. In 2020, LIFE180 morphed into a full service online business launch and development agency. If you need any help creating more revenue or generating more leads online, LIFE180 can help.

https://calendly.com/life180/claritycall

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*All content in this video is for educational purposes only and is not to be interpreted as personal financial advice.

#LIFE180 #CashFlowHacking #CashFlowHacker #ChrisKirkpatrick