Kim D.H. Butler and Todd Strobel chat about the reasons to not use Universal life insurance when storing cash. In this episode, they compare and contrast indexed, or universal, to whole life insurance. Kim discusses the advantages the whole life insurance hold above indexed. Finally, Todd and Kim ask listeners to do their research because, if it’s too good to be true, dig a little deeper.
If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!
Show Notes:
[0:00]Â Prologue
[0:21]Â Intro
[1:01]Â Indexed Sounds Sexy
[1:58]Â Universal vs. Whole Life
[3:49]Â Guaranteed Premiums
[4:56]Â Cash Value
[11:37]Â New Requirements for Universal Life
[13:09]Â Dig a Little Deeper
[14:07]Â Wrap-Up
[14:47]Â Outro
Disclosure: Our content is meant for educational purposes only. While it’s our goal to help you learn about building a life of prosperity, we do not intend to provide financial advice. Please consult your financial, tax or legal advisor before making any investment or financial decisions.