Whole Life Insurance Explained

May 2, 2023 157 Views

Life Benefits 16.2K subscribers 59,944 views Apr 13, 2020 Understanding Life Insurance The purpose of Whole Life Insurance is to provide coverage for your entire lifetime. Traditionally, Whole Life Insurance is a consumer demanded product that offers more than just a death benefit by permitting the policy holder to build equity in the policy. This is a comprehensive video on the workings of Whole Life Insurance, particularly Participating Whole Life Insurance. Watch + Learn how a policy is designed, how Paid Up Insurance is created, how Cash Value is accumulated, and the difference between loans and withdrawals. Learn about dividend options, non-forfeiture options and what makes a policy participating or not. Something you want to avoid is mistakenly turning your policy into a taxable Modified Endowment Contract. You’ll learn all about this as well. You can use the Cash Value in your Whole Life Insurance policy with a strategy called The Perpetual Wealth Code. The Book Prescription for Wealth details how to setup a self financing system similar to the concept of Infinite Banking or Bank on Yourself. You can get Prescription for Wealth on Amazon or on our website (links below) Prescription for Wealth Book: PDF Download: https://www.life-benefits.com/prescri… Audiobook download: https://www.life-benefits.com/prescri… Paperback Book: https://www.life-benefits.com/store-d…

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