Layered life insurance 30/IUL. From big brand insurance.

25 M 5’8 250lbs Plat C Rating

Hello, I just signed up for a life insurance policy and passed my physical but like a dummy I feel like I jumped in too quick and I’m having a bit of buyers remorse mainly due to the lUL aspect. On paper everything makes sense but when I read up on others experiences I get worried. My policy is layered I have a 30 year term for 1 million and a whole life 150k.

30 yr monthly is $228 (is this to high?) IUL is minimum $58, max $700. Im paying $200 to get cash value going but I can and plan to max out every year

Everytime I look into IUL others are always talking about how they put a lump some into an lUL and didn’t realize the cost of insurance amongst other things and ultimately couldn’t afford it because the premiums were so high or they were sold a policy with a face value that is just way to HIGH.

I was told If I max out my $150k policy every year then by year 20-30 I won’t even have to pay my premiums because the cash value will pay and still grow. If I live to 65. It will have compounded to over 1.5 million.

Idk I’m having a lot of buyers remorse, after 3 hours I was tired and figured $400 ain’t a lot lets do it and feel like I didn’t take enough time to THINK and maybe shop around.

BUT we’re not completely locked in I can say f this I made a wrong choice. I’ll just feel bad cuz I know the guy and he’s my insurance guy.