In this video, we’re going to take a look at how whole life insurance policy loans work. In Part 1, we talked about how whole life insurance policy loans can make other investments better. In this part, we’re going to look at three specific examples of how whole life insurance policy loans can make other investments better.
So if you’re looking to make other investments better, be sure to check out this video! We’ll share with you how whole life insurance policy loans work and how they can help you make better decisions about your money!
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📖 Chapter Timestamps Here ⏰
0:00 Intro to how to use whole life insurance policy loans
0:55 Using Whole Life Insurance Policy Loans for Retirement Income
3:00 Do You Get Positive Arbitrage With Whole Life Policy Loans?
4:10 Whole Life Insurance Is A Great Retirement Income Supplement As A Volatility Buffer
8:45 How To Use Whole Life Insurance To Make Your Investments Better
11:45 Simple Interest Turns Into Compound Interest If You Don’t Pay Interest Every Year
13:30 The Value of Whole Life Insurance Policy Loans
15:48 Policy Loan Flexibility Can Cause Problems If You Are Not Disciplined
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VALUABLE CONTENT TO CONTINUE THE EDUCATIONAL JOURNEY:
How To Properly Structure A Whole Life Policy
https://www.youtube.com/watch?v=EBGEkfDO1rw
Indexed Universal Life vs Whole Life – Which is Better
https://youtu.be/zHUsh82zYA0
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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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