Best selling author Kim Butler and No B.S. Money Guy Todd Strobel talk about how to choose a life insurance policy. One thing you’ll learn: assets aren’t everything.
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Links in this Episode:
Kim Butler’s book: Busting the Life Insurance Lies
Kim Butler’s book: Live Your Life Insurance
Submit your questions email@example.com
00:45 Topic: Two investors try to make a decision
01:55 Mutual life insurance companies by law must return 100% of their profits to their owners
05:37 Assets can be irrelevant
06:40 Most important to know: Whether a company is mutual or not, and how long they’ve been in business
08:04 Higher premium equals higher contribution to cash value
09:27 State approved policy design
10:00 Long term, all mutual companies will be the same
11:03 Is there much of a difference on state to state for premiums?
13:17 The three most important things to note
14:21 Direct recognition
15:10 Podcast for direct recognition information
15:27 Kim’s books: Busting the Life Insurance Lies, Live Your Life Insurance
17:21 Kim doesn’t just give answers but teaches you to ask the right questions