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.
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Show Notes:
[0:00] Prologue
[0:21] Intro
[1:01] Indexed Sounds Sexy
[1:58] Universal vs. Whole Life
[3:49] Guaranteed Premiums
[4:56] Cash Value
[11:37] New Requirements for Universal Life
[13:09] Dig a Little Deeper
[14:07] Wrap-Up
[14:47] Outro