Category Archives: INSURANCE AS AN ASSET

Collateral Assignment: Banking on Your Life Insurance Policy

 “Many consumers forget a life insurance policy is another tool they can use as an asset to borrow money.”  – Larry Ziegenfuss, Senior Vice President, Conestoga Bank There’s a trick to borrowing money at favorable interest rates. The trick is … Continue reading

Posted in CASH VALUE INSURANCE, INSURANCE AS AN ASSET, WHOLE LIFE INSURANCE | Tagged , , | Leave a comment

The Facts of Life Insurance

Understanding Life Insurance Rates of Return, Insurability, and Insurable Interest On today’s episode of the Prosperity Podcast, Kim and Todd analyze whole life insurance rates of return for different age brackets. Surprisingly, this reveals that “you’re never too old for … Continue reading

Posted in CASH VALUE INSURANCE, INSURANCE ADVICE, INSURANCE AS AN ASSET, Podcast, WHOLE LIFE INSURANCE | Tagged , , , | Leave a comment

Using Life Insurance Before Death

Give While You Live! Picking up where they left off last episode, “No BS Money Guy,” Todd Strobel, and best-selling financial author, Kim D. H. Butler, resume talking about life insurance and how we can use it for our benefit … Continue reading

Posted in CASH VALUE INSURANCE, INSURANCE ADVICE, INSURANCE AS AN ASSET, Podcast, WHOLE LIFE INSURANCE | Tagged , , , | 2 Comments

Make a Million Dollar Resolution (Part 3) – Start Building Equity!

“Character is the ability to carry out a good resolution long after the excitement of the moment has passed.” – Cavett Robert   Last year we published Parts 1 and 2 of “Make a Million Dollar Resolution,” and today, we … Continue reading

Posted in INSURANCE AS AN ASSET, PERSONAL FINANCES, REAL ESTATE, WEALTH-BUILDING, WHOLE LIFE INSURANCE | Tagged , , | Leave a comment

7 Ways to Save a Life Insurance Policy (even if you can’t afford the premiums)

“I bought a new life insurance policy but the small print is impossible to understand. All I´m sure of is that after I die, I can stop paying.” Do You Want to Stop Paying Your Life Insurance Premiums? What happens … Continue reading

Posted in CASH VALUE INSURANCE, FAMILY and FINANCES, INSURANCE ADVICE, INSURANCE AS AN ASSET, ORGANIZING YOUR FINANCES, WHOLE LIFE INSURANCE, WILLS and ESTATE PLANNING | Tagged , , , | 2 Comments

The Leverage Test: Can You Use Your Assets as Collateral?

“When we leverage, we aggregate and organize existing resources to achieve success.” – Richie Norton, The Power of Starting Something Stupid. When you invest or store your dollars somewhere, it’s important to consider if – or on what terms – … Continue reading

Posted in 401K's & IRA's, CASH VALUE INSURANCE, INSURANCE AS AN ASSET, WHOLE LIFE INSURANCE | Tagged , , , , | 2 Comments

Whole Life Vs. Indexed Universal Life: What Insurance Agents and Financial Advisors Really Think

“Believe (me), it’s not fun try­ing to explain to a client why his cash value went down and what are those high fees about.” – Agent/Advisor discussing Whole Life vs. Indexed Universal Life with a colleague Have you ever wondered … Continue reading

Posted in CASH VALUE INSURANCE, INSURANCE ADVICE, INSURANCE AS AN ASSET, WHOLE LIFE INSURANCE | Tagged , , | Leave a comment