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Category Archives: INSURANCE AS AN ASSET
“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
“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. Universal Life with a colleague Have you ever wondered if … Continue reading
“Last week I bought a life insurance retirement policy. All I’ve got to do is keep up the payments for 15 years, then my agent can retire.” How much commission does a life insurance agents make? You might be very … Continue reading
“Old age isn’t so bad when you consider the alternative.” – Maurice Chevalier How old is too old for life insurance? Recently, a Partners4Prosperity reader asked, “How well do ‘income for life’ type programs work for people within 5 years … Continue reading
“A bank is a place that will lend you money if you can prove that you don’t need it.” Bob Hope Two weeks ago we asked the question, “Should you borrow against your life insurance policy?” Today, we continue the … Continue reading
“Most people do not become rich because they fear the power of leverage.” -Robert Kiyosaki One of the advantages of a Whole Life Insurance policy is the ability to borrow against your cash value, though the concept is widely misunderstood, … Continue reading
“You’re thinking of this place all wrong… as if I had the money back in a safe. The money’s not here. Your money’s in Joe’s house…right next to yours. And in the Kennedy house, and Mrs. Macklin’s house, and a … Continue reading