Видео

Wow, two scams fighting it out.

lol what scammers 😂

Im 30. I dont have life insurance. I know nothing about life insurance. My partners in his 40s and also has none.

As long as you are using a mutual company it doesn’t matter.

Fraudulent the way he is explaining, cash value is only something you can barrow against, and that’s while you are alive, that is usually less than one third of what you paid in. On top of that , you pay interest on it plus fees, and that money is also deducted from your total benefit when you die, if you die and never loaned anything, you lose the cash value amount, it doesn’t get added to your total benefit payout. The best you can do is, is get a high value policy, and barrow the maximum amount while you are still alive. Also get an irrevocable trust, if you actually don’t want to get taxed 40 percent from the government. ❤😅😊 be smart!!

Nice detail.

What is meant by free cash flow?

I LOVE this explanation!

How does it workout that Paul and Cindy pay off their home and recovered the cost of the home? Is this because over 30 plus years the death benefit grows so much?

Sounds too complicated a product, too many moving parts. Better off buying term and investing the difference.

Well presented, clear and precise! Thank you 🙏

Very well presented! I’m and life agent and infinite banking policy owner ( I have three WL policies) and I learned more in this video than anywhere else.

Well exsplained I enjoyed it.

please stop the scam

You have neglected the optimal use case: Greg and Barb obtain a HELOC and use velocity banking to pay off their house early. Depending on their free cash flow, they can purchase some combination of whole life, convertible term, and term insurance. The velocity banking early payoff depends solely on the mathematical difference between how simple and amortized interest are calculated. You don't know what you don't know.

Absolutely Fabulous Presentation, Wonderful Just Perfect! 🌄🙏🌄 Many Thanks Dean

Thank you!

She explained this so well!

Sounding kinda desperate. Looking for some views off of a name drop? 😂

IB is the same noise as Flat Earth noise.

Whole life insurance is like an extended warranty for one's life. How can you lose?

Put your money where your mouth is and go on Dave's show OR have him on your show....

This is insane. Buy term life insurance and invest with INVESTMENT companies

I came here for an explanation and instead i get a sales pitch to just call. Dislike

When you were describing dividend options, your first discussion was on using the dividend to purchase and additional death benefit. And later, you discussed paid-up additions, which actually do the same thing. Perhaps I missed something, but why are you discussing these as different options and they are actually the same?

Thank you I been looking for a video that explains this type of illustration. I’m about to sign the same policy.

What about the cash value?will they give it to the beneficiary?

Great video. I love the visual. For universal life it is important to have flexible premiums and ability to adjust the insurance amount as you enter retirement for example when you don’t need insurance to replace your salary. Let’s say you start at age 35 with $1m of insurance and premiums start out at $100 per month. Start to add additional money to the cash accumulation portion (there are limits that the insurance company will track and let you know if you need to stop adding money). For example let’s say you add $10k per year for 30 years which grows to $600k and say you retire at 65 and the cost of insurance is now $1000 per month. You can stop making payments as your $600k at 5% interest earns $30k ($18k after cost of insurance) and your death benefit is now $1.6m. Let’s say cost of insurance goes up 5% per year at this point. Reduce the insurance amount by the same 5% each year to keep the cost of insurance stable at $1000 per month. In 10 years you now have $500k of insurance but your cash value has grown to $800k (approximately) so the death benefit is $1.3m at age 75 tax free to heirs.

You did an excellent job explaining Life Insurance. Thank you!

is this compliant to share on social media?

4.35% rate of return is very interesting.

Lol. Pay interest to borrow your own money?!!

Thank you so much. This concept is one of THE most powerful Financial moves we can use, and it is nothing short of TRAGIC that more people don't *yet understand it. But WE are changing that aren't we!!!! Great short!!!

Infinite banking is such a rip. Scamola

God?

Guess there is no saving money of emergency fund.

Uh oh... When your 20% Credit Card section is more like 61%😮

Lady if we only had the moneys to make that 10/20/70, bruh wake up we income , companies make milions in profits AND Our WAGES are LOW

Will be 150 years old in 2093!!! 😊😊😊

No

can you explain the stated 9.3% return? This looks like it happens over the course of two years (End of Year 10, = $19,844 cash value, End of Year 11 = loan was taken & CV reduced, End of Year 12 = loan has been paid back & CV restored to $21,690). Given this, the increase in cash value over this period would be 4.55% return per annum.

How about we just take care of eachother

Awesome video

Thank you for the CLEAR NUMBERS!

Finally , found a real insurance professional, I really liked her presentation, very knowledable, informative with charts, and samples, excellent , I used to work for an Insurance Brokerage overseas and acquired my Insurance Producer certificate, I am now preparing myself pursuing my insurance career, very dissapointed working for diferent Insurance companies with lots of lack of knowlege about the Insurance business itself. Thank you !

All this video, although has earnt a sort of public "applause", is totally misleading. A universal life product is not "good" or "bad" itself. It´s simply something that needs to be explained. The hybrid combination of the risk (death) and savings (cash value) can make it complicated but in the end is pure logics: if you pretend to have a 1mm€ sum covered in case of death when you´re over 60 yrs old (as it´s ilustrated in the sample).....do you really believe that will cost you nothing????? Of course that stick on your 4k something per year will not be sufficient and will dry up the savings. Lord, it´s logic!!!! (not a cheat)

Every time I stack something sends me 2 steps back !!!!

i paid the remaining balance of my home using this method, but i did not use a heloc i used a credit card....had chase do a balance transfer to my bank and i paid off my home, then i paid all my house hold bills that could be paid with that same credit card, doing this satisfied the monthly payment on the card and bought me time to get my job situation back on track