Understanding the Different Types of Life Insurance Policies – Episode 380

In this episode, Kim and Spencer take a community question about the various permanent types of life insurance policies. Take notes and enjoy!

Best-selling author
Kim Butler and Spencer Shaw show you how to take more control of your finances. Tune in to The Prosperity Podcast to learn more about Prosperity Economics thinking and strategies today!

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Links and Resources from this Episode


Show Notes

  • What’s the definition of permanent? – 0:43
  • Types of life insurance – 1:25
  • Permanent or non-permanent life insurance policies – 2:14
  • The biggest issue – 3:22
  • Guaranteed and permanent work together – 3:37
  • You can benefit from life insurance – 5:08
  • The idea of a permanent product – 6:29
  • Talking about universal life policies – 7:09
  • Premium isn’t guaranteed – 8:39
  • An introductory book for you and another one for a deeper dive about life insurance – 12:57


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