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Opium and Life Insurance… any Connection?

An episode of the Wealth Talks podcast, hosted by Wealth Talks Podcast, titled "Opium and Life Insurance… any Connection?" was published on May 4, 2021 and runs 16 minutes.

May 4, 2021 ·16m · Wealth Talks

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There is a fascinating history around governments and the way they deal with drugs. Hippocrates warned against the use of opium except for some medicinal purposes.

Yet by 1839 Great Britain was embroiled with China over the trade of opium. British ships were instructed to bring the finest opium back to England. Needless to say, this opium was not used for medicinal purposes.

So what does this have to do with Life Insurance? The fact is governments cannot stem the tide of culture and the way people think. Governments can use force, or impose penalties and taxes, but there are other forces at work on a deeper level. This is a foundation which shares a common ground when it comes to the value of using life insurance to build wealth.

Hear more on the show today.

 

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