I ran an illustration today for a 25 yo female with Lincoln's IUL. The primary goal here is CV accumulation. The projected interest rate is 8.45% based on the current cap of 13% and floor of 1% and how it would have performed (on average) in past market conditions. Then I compared this to a Guardian WL illustration using PUAs. I have to admit, judging by the illustration, the IUL is pretty sexy; however, I understand the difference between averaging 8.45% interest over 20 to 30 years and earning 8.45% interest every single year (which is what it seems the illustration shows). I also know the latter scenario is not very likely. So, how do you show a more realistic picture of policy performance? Are the projections on a participation WL more realistic? Is this why some of you guys prefer WL to IUL?