Today our host, best selling author Kim Butler and No B.S. Money Guy Todd Strobel sit down to talk about guaranteed whole life insurance, what it is, and how it works. They discuss the problem with instant policies and “deals” (aka tradeoffs). They also talk about when guaranteed whole life policies are a good thing and how to get life insurance when you are at an older age, and/or medical disabilities or health problems.
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Links in this Episode:
00:35 Talking About Guaranteed Whole Life
02:11 What A Guaranteed Whole Life Policy Is
04:30 Problems with Instant Policies & “Deals”
05:55 When Are Guaranteed Whole Life Policies a Good Thing
08:26 Getting Life Insurance at an Older Age or with Medical Disabilities/Health Problems