The Pros & Cons of Whole Life Insurance
Whole life insurance is a wildly misunderstood financial product. In this video, Chris Kirkpatrick will talk about the pros and cons of whole life insurance. What do you believe the pros and cons are of whole life insurance? Leave a comment in the comment section. Enjoy!
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📖 Chapter Timestamps Here ⏰
0:00 Intro to pros and cons of whole life insurance
1:25 Dave Ramsey’s Pros and Cons of Whole Life Insurance
5:00 The Pros of Whole Life Insurance
8:30 Use Convertible Term Insurance To Supplement Your Whole Life Insurance
10:30 Whole Life Insurance Is A Forced Savings Plan (This CRUSHES Your Savings Account)
16:10 Whole Life Insurance Is NOT AN INVESTMENT
17:00 Whole Life Insurance Is More Flexible Than You Think
18:15 Whole Life Insurance Is Very Liquid When Engineered Properly
19:30 Whole Life Insurance Will Provide More Financial Stability
21:00 Being Self Insured Is A Broke Persons Goal
22:40 You Need To Work With A Life Insurance Agent Who Understands This Stuff
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VALUABLE CONTENT TO CONTINUE THE EDUCATIONAL JOURNEY:
How To Properly Structure A Whole Life Policy
Indexed Universal Life vs Whole Life – Which is Better
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🤔 ABOUT LIFE180 😃
Chris Kirkpatrick launched LIFE180 as a solution to a problem. As the director of business development for a Fortune 1000 life insurance / broker dealer, he became disenchanted with the financial industry because of the lack of education provided to clients and how “financial advisors” were really just glorified sales people.
So… LIFE180 was launched to help give relevant financial education for people to create wealth. Along the journey, LIFE180 has evolved. Chris quickly realized he was passionate about not just helping entrepreneurs on how to leverage their money, but how to build their businesses.
Over the past 5 years, Chris has spent thousands of hours mastering the art of online business development for himself and clients. In 2020, LIFE180 morphed into a full service online business launch and development agency. If you need any help creating more revenue or generating more leads online, LIFE180 can help.
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*All content in this video is for educational purposes only and is not to be interpreted as personal financial advice.
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“LIFE180” Presenting Video – The Pros & Cons of Whole Life Insurance ,
The Pros & Cons of Whole Life Insurance
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Source Link : https://www.youtube.com/watch?v=tHsAz-RRwXc
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