How to use life insurance while alive

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How To Use Life Insurance While Alive, Universal Life Insurance, Compound Interest, Market Risk, 401k, Trust Fund, Life Insurance Policy, Tax Free, Cash Out

329K views · 4.2K reactions | Your supposed to use life insurance while your alive?! here’s how🤩A cash value life insurance policy. Here are the MAIN 2 policies:- IUL (Index Universal Life)✅- WHOLE…

Your supposed to use life insurance while your alive?! here’s how🤩A cash value life insurance policy. Here are the MAIN 2 policies:- IUL (Index Universal Life)✅- WHOLE LIFE✅They give you the ABILITY...

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Ho Ly
Life Insurance Marketing Ideas, Insurance Humor, Life Insurance Marketing, Insurance Marketing, Term Insurance, Home Decor Painting, Life Insurance Companies, Wall Home Decor, Painting Home Decor

7 Reasons You Should Review Your Life Insurance Policy

Figuring that you never have to review your insurance needs is one of the most common misconceptions about life insurance! But, if you don't review your plan annually — or, for that matter, don't have a financial plan — here are some guidelines to know when you should review your life insurance.

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Kershialyn
Brandon Anthony Clark on Instagram: "Feeling trapped by basic financial plans and paying high taxes I knew there had to be a better way.

Thats when I accidentally found out about the concept of using life insurance as a retirement plan.

Life insurance? It was never something l thought could benefit me while I was still alive. But that’s exactly where I found my answer.

I decided to invest in an IUL because I needed life insurance anyway. And it gave me the benefits of a 401k without the restrictions. 

This strategy is known as a Life Insurance Retirement Plan if you’re looking for a better way to secure your financial future, this might just be something worth looking into 

#wealth #millionairementor #entrepreneur #businesstips" Plan Life, Millionaire Mentor, 401k, Retirement Plan, Feeling Trapped, I Accidentally, Still Alive, Retirement Planning, Financial Planning

Plan Life

Brandon Anthony Clark on Instagram: "Feeling trapped by basic financial plans and paying high taxes I knew there had to be a better way. Thats when I accidentally found out about the concept of using life insurance as a retirement plan. Life insurance? It was never something l thought could benefit me while I was still alive. But that’s exactly where I found my answer. I decided to invest in an IUL because I needed life insurance anyway. And it gave me the benefits of a 401k without the…

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Kenny Smith
18 reactions | Save on taxes. Replace income. Create perpetual wealth for your family.

Insurance doesn’t need to be this boring topic where people only think there’s a benefit when someone dies.

A financial professional should be able to bring you through how to use the insurance while you’re alive, save on taxes, and help pass down perpetual wealth.

To chat with an expert on if it’s a good fit for your scenario, comment “WEALTH” ⬇️

#wealth #generationalwealth #insurance #401k #beyourownbank #iul #wholelifeinsurance #taxfreeretirement #financialtips #taxes | Dan Chernati | Dan Chernati · Original audio Financial Professional, When Someone Dies, Family Trust, Whole Life Insurance, 401k, Financial Tips, When Someone, Life Insurance, Need This

18 reactions | Save on taxes. Replace income. Create perpetual wealth for your family. Insurance doesn’t need to be this boring topic where people only think there’s a benefit when someone dies. A…

Save on taxes. Replace income. Create perpetual wealth for your family. Insurance doesn’t need to be this boring topic where people only think there’s a benefit when someone dies. A financial...

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Linda Heathcoat
Kaitlynn Barber on Instagram: "I get this question ALL THE TIME while assisting my clients in setting up their policies✔️

“Can I name my CHILD as the BENEFICIARY of my policy?”
Here’s the answer...

You CAN... HOWEVER, I HIGHLY encourage against it for the reasons stated in the video above...

Instead, The Uniform Transfers to Minors Act (UTMA) requires to name a CUSTODIAN (of your choosing) to MANAGE YOUR CHOLDS ASSETS until they become an adult... at which time the assets will be transferred to them, and they can use the funds as they would like💎

The advantages to Life Insurance are ENDLESS...
..and the BIGGEST misconception is that it can only be used for “when you die.”🔥

There is a way to ALSO pay for your child’s education, emergencies, birthday parties, first car, and so much mo Budget Planner Free, Financial Mistakes, Cha Ching, I Name, Living Trust, S Education, Planner Free, Money Management Advice, Retirement Plan

Budget Planner Free

Kaitlynn Barber on Instagram: "I get this question ALL THE TIME while assisting my clients in setting up their policies✔️ “Can I name my CHILD as the BENEFICIARY of my policy?” Here’s the answer... You CAN... HOWEVER, I HIGHLY encourage against it for the reasons stated in the video above... Instead, The Uniform Transfers to Minors Act (UTMA) requires to name a CUSTODIAN (of your choosing) to MANAGE YOUR CHOLDS ASSETS until they become an adult... at which time the assets will be…

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Hanan Hussien