What To Know About Whole Life Insurance

Whole life insurance differs from term life insurance in the sense that it is designed to be in effect for your "whole life." But it really should be called Death Insurance because it's designed to help replace an income or asset due to death. Life Insurance isn't a bad investment but it's the only one that offers a "contract" and tells you what it's going to do over the course of its life. It isn't a short term investment product, but rather an investment over time. Tune in to see how having a Whole Life Insurance policy can benefit you in more ways than you think. Episode Highlights 00:39 Whole life insurance is not an investment, but serves a different purpose 02:14 Life insurance is a language of love 03:30 Establishing a foundation of certainty with whole life insurance 04:35 Comparing whole life insurance to term life insurance 07:48 How life insurance is a guaranteed contract 09:41 Life insurance companies are looking at the next quarter century 10:26 Using the infinite banking concept with life insurance Episode Resources Connect with Wade Borth https://www.sagewealthstrategy.com/ [email protected]