060: Bill Black: The Math and Taxes of Life Insurance

In this episode, The Annuity Man and Bill Black discuss:  What is happening in the life insurance space (especially during the current pandemic).  How interest rates affect life insurance policies.  Benefits of life insurance to the beneficiaries.  What to watch out for in the sales pitch world of life insurance.    Key Takeaways:  Oftentimes, term insurance can be changed to permanent insurance without the health checks being redone.  Life insurance is the best return on investment that you will never see.  Like with annuities, you buy life insurance for what it will do, not what it might do.  Rather than letting a life insurance policy lapse when you don't want to continue it, it can be sold like you would a stock or bond.    "There are no ifs, ands, or buts when you buy the right policy that has the right guarantees on it." —  Bill Black    Connect with Bill Black: Website: http://www.whbco.com/ LinkedIn: https://www.linkedin.com/in/whblack/      Connect with The Annuity Man:  Website: TheAnnuityMan.com  Email: [email protected]  Book: Owner's Manuals  YouTube: Stan The Annuity Man  Get a Quote Today!