Best selling author Kim Butler and No B.S. Money Guy Todd Strobel talk about how to choose a life insurance policy. One thing you’ll learn: assets aren’t everything.
Tune in 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 email@example.com and we may answer it in an upcoming episode.
Links in this Episode:
Kim Butler’s book: Busting the Life Insurance Lies
Kim Butler’s book: Live Your Life Insurance
Submit your questions firstname.lastname@example.org
[00:45] Topic: Two investors try to make a decision
[01:55] Mutual life insurance companies by law must return 100% of their profits to their owners
[05:37] Assets can be irrelevant
[06:40] Most important to know: Whether a company is mutual or not, and how long they’ve been in business
[08:04] Higher premium equals higher contribution to cash value
[09:27] State approved policy design
[10:00] Long term, all mutual companies will be the same
[11:03] Is there much of a difference on state to state for premiums?
[13:17] The three most important things to note
[14:21] Direct recognition
[15:10] Truth Concepts post on direct recognition – also see Busting the Life Insurance Lies!
[15:27] Kim’s books: Busting the Life Insurance Lies, Live Your Life Insurance
[17:21] Kim doesn’t just give answers but teaches you to ask the right questions
Tweetables:Kim doesn’t just give answers but teaches you to ask the right questions. Click To Tweet Top three questions you should ask an insurance agent when deciding on a policy. Click To Tweet
Get Your Prosperity Accelerator Pack Today! Sign up to receive our ebook, Financial Planning Has FAILED as part of your free Prosperity Accelerator Pack now.