Today, on the Prosperity Podcast, Todd and Kim discuss how life insurance companies make money and get paid. Kim explains the life insurance model and how it works. Todd describes how premiums are handled. They wrap-up by separating life insurance from other insurances and why that is important.
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!
[1:37] Explaining the Life Insurance Model
[4:55] Collecting Premiums
[7:36] Separating Life Insurance From All Other Insurance
[10:34] Summary and Rates of Return