INSURANCE ADVICE

Category: INSURANCE ADVICE

Announcing: The Whole Life 101 Course!

The Whole Life 101 CourseWhole life is a valuable and versatile financial product that provides an ideal foundation for your finances. However, it’s not always easy to understand the ins and outs or how to best USE it!

Statements from life insurance companies aren’t always clear and helpful. Policyholders don’t always understand the power and flexibility of their policies. And not everyone knows how to utilize whole life insurance to improve their overall financial strategy.

This week, we launched an incredible new resource to help you discover exactly how to make the most of your policy. It’s called “Whole Life 101”—a video course from yours truly, Kim D. H. Butler. We have been working on this behind the scenes for months and this week is the Grand Opening for the Whole Life 101 course!

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Converting Term Insurance to Whole Life – Episode 280

How do you know if it’s time to convert your term insurance to whole life? If you have a term life insurance policy that is aged, or you wanting to just convert that policy to a whole life policy this is the episode for you. Kim and Spencer talk about the maximum cash value method so you can make the best decision.

Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances today. Do you have a question you would like answered on the show?

Please send it to us at hello@partners4prosperity.com and we may answer it in an upcoming episode.

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How To Prepare for a Life Insurance Medical Exam – Episode 275

Have you ever wondered what happens at the life insurance medical exam? Join Kim and Spencer as they walk you through how to prepare for a life insurance medical exam and what you should expect from it.

Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.com and we may answer it in an upcoming episode..

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Too Old for Life Insurance? Whole Life Insurance for Seniors

“Old age isn’t so bad when you consider the alternative.”
– Maurice Chevalier

“Am I too old for life insurance?”


We get this question a lot, surprisingly, from people who are only in their 50’s or 60’s. But the truth is that you’re probably not too old for life insurance.

Most mutual companies offering whole life insurance will insure people up to age 85. Health has more of an impact than age on whether or not you will qualify. But don’t assume that you won’t qualify just because you’re over age 60 or 70, even if there has been a health crisis in your past.

However, just because you CAN get life insurance doesn’t mean you should. In this article, we’ll examine why many seniors ARE buying life insurance, along with some of the pros and cons of doing so. If you are a grandparent or great grandparent wanting to leave an inheritance, a senior looking for greater protection and financial flexibility, or a middle-aged adult considering whole life insurance for a parent, this article is for you.

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Car Insurance Agents and Life Insurance – Episode 269

Who should you get life insurance from?

Kim and Spencer talk about life insurance in this episode, including strategies that many are not familiar with. They also talk about an important question: Should you buy a life insurance from your car insurance agent? 

Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.com and we may answer it in an upcoming episode..

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Medical Cost Sharing Plans: Can They Replace Your Insurance?

Guest post by Kate Phillips

“Bear ye one another’s burdens.”
—Galatians 6:2

A few days ago, I wrote about Medical Cost Sharing programs, also known as Healthcare Sharing Ministries. I described my experience with the “Affordable” Care Act, detailing why I left Obamacare and how leaving has saved me thousands of dollars.

January 2019 update: I’m still with Liberty Healthshare and still very happy with my decision. The rates did go up in 2018 by about $50/month for my plan, and the annual unshared amount is now $1000/year. Prices quoted in this article are from 2017. Please fill out the form below if you would like to be contacted with a current quote. Kate

To recap briefly; when skyrocketing health insurance costs sent me searching for an alternative to Obamacare, I found Liberty HealthShare, a health cost sharing ministry. Liberty has slashed my healthcare costs by more than half with a monthly share amount of $199, versus $441 for a bare bones Obamacare policy. And should I encounter substantial medical costs, I don’t have to worry about paying a deductible of $7k or more, as my annual unshared amount is only $500.

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