P4P208 art 300x300 1

Stock or Mutual? That is the Question – Episode 208

Summary:

In this episode, best selling author Kim Butler and No B.S. Money Guy Todd Strobel talk about the differences between Stock and Mutual Insurance Companies. In just 15 minutes you will have a better understanding of where you should invest your money for life insurance.

Tune in to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.com and we may answer it in an upcoming episode.

Links in this Episode:

Submit your questions: hello@partners4prosperity.com

Free ebook and audiobook: Financial Planning Has Failed

Show Notes:

00:00 Intro

01:20 Should you go with a Stock company or a Mutual Company?

01:35 Kim defines these terms

03:23 Only 19% of life insurance companies are mutual

03:42 75% are stock companies, who pay stock holders first

04:03 6% of life insurances companies are fraternal.

05:35 Explaining dividends.

07:44 Cash value can never go down- aspect of choosing mutual

13:39 Most mutual companies are over 100 years old.

14:31 Mutual reserves are dollar for dollar

14:45 Listener gift: Financial Planning Has Failed

Share this post

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn

Begin your journey with the Prosperity Action Pack

Get immediate access to our short ebook Your Guide to Activating Prosperity, audio recording, our summary sheet about the 7 Principles of Prosperity™, and our subscriber-only Prosperity on Purpose Round-Up. 

Just fill out this form and get access now!