Categories
Business Owners

Whole Life for Children? Or Parent Policies? [Video]

Watch/Read More

Whole Life for Children? Or Parent Policies?

Is Whole Life insurance better for children or their parents when using whole life insurance for infinite banking or tax-free retirement income? This video takes an in-depth look at a juvenile whole life policy and compares it to a similar policy on the parents. The results are shocking!

0:06 – Myths re whole life policies for children and then the truth about whole life for kids
1:27 – The parameters of the 3 whole life policies on the family we’ll be comparing
2:09 – Graphing the first 15 years of the daughter, mother, and father whole life policies
3:44 – Challenges behind children qualifying for a reasonable sized whole life policy
4:27 – Looking 40-years later to see the impact on cash value and death benefit
7:26 – Drilling deep into early cash values (spoiler: the kid’s whole life policy loses)
8:49 – The most important reason you should get whole life for children after parents

For more in-depth ARTICLES & VIDEOS on using whole life insurance to be your own banker visit:

https://BankingTruths.com/Whole-Life-Articles/

================================================

If you’re a life insurance agent or financial advisor and want special training content go to:

https://BankingTruths.com/For-Advisors/

================================================

Click here to subscribe to our channel with ongoing videos on this banking concept:
https://www.youtube.com/c/Bankingtruthscom

Have questions or insights?
Type them into the comments sections below…