EPISODE · May 30, 2025 · 20 MIN
When to use Term Insurance?
from Creating Tailwinds · host flightpathfinancial
Join John and Jared where we discuss how to properly use term insurance. Why use term insurance with the Infinite Banking Concept? What impact does this have on a modified endowment contract, or "MEC"? What about "thin" contracts, where you use very little base and mostly paid up additions (or PUA)? Even though Term Insurance provides no cash value accumulation, no borrowing capability, and no permanent coverage, it is still an important! Term Insurance can provide an increased Death Benefit to your family and beneficiaries, as well as future flexibility if converting term to permanent insurance. John and Jared discuss this in detail.Schedule a Meeting with JohnSchedule a Meeting with Jared
Embed this episode
Ready to play
When to use Term Insurance?
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.