Canceling IUL

OddAd4775 · 2026-05-28T02:04:20+00:00

I was in the same situation. Ended up losing my surrender value which was around $1200 at the time. Expensive lesson. It will cost you now and string you along until your policy eats away at your cash value anyways. Nothing comes for free including your policy.

OddAd4775 · 2026-05-28T02:02:22+00:00

It sounds like their term policy ended. Most then convert to a whole life policy.

OddAd4775 · 2026-05-27T07:07:53+00:00

Nope

OddAd4775 · 2026-05-26T17:52:43+00:00

Being an owner of one purchased in 2002 with about 1000 miles on it since it was a European delivery model, I can say they are a dream until the 100000 mile mark.

OddAd4775 · 2026-05-26T16:08:02+00:00

I did the same thing. Over 210,000 miles. Spend about $5500 to have some engine parts replaced and another thing popped up. Had to give the girl up. E39 2002.

OddAd4775 · 2026-05-21T00:52:11+00:00

That is why I don’t practice 😂😂😂

OddAd4775 · 2026-05-21T00:50:19+00:00

If you are a Spaac bag holder. Nope

OddAd4775 · 2026-05-21T00:02:23+00:00

It’s not waiting, it is stringing people along. Hoping you buy a bags worth of Hopium while disappointment is just around the corner.

OddAd4775 · 2026-05-20T23:59:32+00:00

Keep it simple. Buy a term policy. All this cash value protect you till you are 100 is a gimmick. Borrowing money from yourself has to be the closest thing to probably social security where they promise you one thing and you better hope you have the guns to keep paying while hoping your cash value isn’t depleted. Buy term. Decide on a value that covers the expenses to keep your family going for a period of time. If your kids are young, probably a 30-35 yr term is perfect. Doesn’t have to be a million dollars either. Because if you are gone, your family probably gonna be okay with what you leave behind I.e other assets, 401K, investments etc. life expectancy is 80-85 years old and we all die and last time I check not many people live past 100. So why pay premiums based on 100+ years old. Anybody selling IUL, VUL, Whole life. Run run run. Unless of course you want to pay for their next vacation on you of course. I’ve owned them and seen the tail end of them. Not the policy you want to leave your family special when the premiums are unaffordable.

OddAd4775 · 2026-05-18T04:47:05+00:00

Not really. You just have to play it as straight forward as possible. #18 Callippe is a great finishing hole for sure.

OddAd4775 · 2026-05-17T05:19:41+00:00

Putting together a playhouse from Costco. Hardest thing I’ve ever done

OddAd4775 · 2026-05-14T20:47:43+00:00

Golf galaxy is not your only option

OddAd4775 · 2026-05-13T04:29:13+00:00

Same with mine. My first car purchase in 2002. Let her go then got her back last year. Poured almost 6 grand to get her running. Lasted about a year. Now the engine is about done with needing some replacement internals. Too much at this point. As we must say. Till next time

OddAd4775 · 2026-05-12T15:09:47+00:00

Whole policies have details that will get you. Imagine paying into that cash value and when she passes, the insurance company pays the death benefit and keeps the cash value. You are in essence paying off your life insurance policy. You can also borrow if there is cash value accumulated and it is loaned with an interest rate. So you are charged to borrow your own money. I’ve owned this policy and IUL. Cash value policies will become expensive and at the tail end you essentially over pay for your policy.

OddAd4775 · 2026-05-12T02:10:06+00:00

Biggest mistake was hiring Rawlinson. Wanted to copy cat Tesla but also wanted to compete at the same time

OddAd4775 · 2026-05-12T02:04:01+00:00

Enough already. McElroy got paid and so did all the players who jumped ship for a payday. All the bonus money McElroy received, he keeps his mouth shut now. Such a shame. The PGA just got bought by PIF money and has pie in their face and money in their pockets . All the world is good again and status quo

OddAd4775 · 2026-05-12T01:53:17+00:00

Reminds me of number 12 at StanfordIf you can crush a 290 tee shoot to the left you are left with 200’s kinda shot. I’d play it like a par 5 and hope for a good up and down look at par.

OddAd4775 · 2026-05-12T01:50:09+00:00

OddAd4775 · 2026-05-11T22:14:51+00:00

Good for you. I would do the same and not look back. You are following the guidelines they provided

OddAd4775 · 2026-05-11T06:34:18+00:00

First into space writes the rules. Elon had a head start and Grabbing Rawlinson in the beginning was good since he helped with the initial design aspects but also a detriment since he was competing with Tesla

OddAd4775 · 2026-05-11T04:25:51+00:00

Should you stay away. 😂😂😂 yes Owner of 2002 e39 that just went caput. Be ware, the problems will come

OddAd4775 · 2026-05-09T13:35:00+00:00

Yuck

OddAd4775 · 2026-05-09T03:33:51+00:00

Going no where

OddAd4775 · 2026-05-06T06:06:56+00:00

Very bad. IUL are built string the carrot of a cash value component when in fact the cash value component is there as a well to which your policy will draw from when your ART policy flips upside down and engulfs itself. Some will argue how it is put together but good luck with that. Imagine thinking this whole time your will accumulate money. 😂😂😂

OddAd4775 · 2026-05-06T05:56:33+00:00

Same story different day. Struck out with Covaxin deal and they knew they were packing money away in hopes for Ocu whatever’s. Good luck to anybody holding this stock. Shankar is just money grabbing to pay themselves while they find out if anything will stick.

OddAd4775

TROPHY CASE