Life Insurance Agent Explains: What We Wish We Knew About Cash Value Life Insurance

We discuss What We Wish We Knew About Cash Value Life Insurance before becoming Licensed Agents.
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About:
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Banks and Fortune 500 companies buy more Cash Value Life Insurance than the American public. These businesses know something about Whole Life Insurance that we didn't until after becoming Licensed Insurance Agents. This video discusses What We Wish We Knew About Cash Value Life Insurance.
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[@WealthNation]

✍🏾 Are you ready to Start a Policy? Complete our new client application.
bit.ly/WN-New-Client

[@AdamDoran]

Darius made such a great point that the general public views life insurance as an expense, whereas banks and corporations view it as an alternative source of financing and/or income. That was an eye opener!

[@Congress.Pub.L.97-280NowActive]

If I invested in a 10-year term life and in 5 years I decided to convert it into whole life what would the value of the term life policy be? What would the term life policy be worth?

[@angelgirldebbiejo]

How long does it take to have a line of even 10k? With these policies. So with your example 10x my income would be 800,000. How much would that cost on whole life and what line of cash do you get?

[@prodson8310]

Can you please explain why Dave Ramsey swears up and down the bank do not on this insurance

[@todaytoday5910]

How does one use life insurance as a source of income?

[@angelgirldebbiejo]

Listen to all their videos, it's using a whole life line to pay off debts etc, then you pay it back. To make an income stream off it would be like if you bought a rental to own from your line. Then you make an income from said rental.

[@todaytoday5910]

@@angelgirldebbiejo Thank you