May 18, 2017
Best selling author Kim Butler and No B.S. Money Guy Todd Strobel analyze how Single Premium Life Insurance policies may not be the best choice in today’s world.
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Links in this Episode:
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 Does not matter if a company is direct recognition
15:10 Podcast for direct recognition information
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.