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How to get the most Cash Value in a Life Insurance Policy
#5 Personal Finance Contributor
- Financial Advisor
- Boynton Beach, FL
1 Reply
- 08/20/20 01:00PM - 01:30PM America/New_York
- https://bit.ly/319smP4
- Free
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Let's face it, life insurance is not "the perfect" vehicle to put your money to work in two places at one time. It's got fees and expenses that must be kept to a minimum so that you get the most cash value for every dollar of premium that you put into the policy. As you are thinking about getting a policy for The Double Play, you need to know that you are not wasting your money with a poorly-designed policy. You want to get the most "BANG" for your "BUCK".
The fees determine your "handicap". Your money will be growing at a faster rate, but how long it takes to catch up to where you could be is directly related to how much cash you start with. In this session, I'm going to discuss how to keep the costs to an absolute minimum in both Whole Life and Indexed Universal Life policy designs so that you can get the most out of your premium dollars. I'll show you how to know that your policy illustration is designed properly.