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Insurance Planning

Why I Hate Whole Life Insurance [$612,025 SCAM] [Video]

Why I Hate Whole Life Insurance [$612,025 SCAM]

Imagine getting ripped off for $612,025!!

OUCH!

I was recently contacted by a subscriber to the channel that was paying $164/month for a $200k life insurance policy.

This is one of those situations that makes me want to punch financial advisors in the face.

🎦 7 financial advisors I want to PUNCH in the face 🥊

https://youtu.be/sm9m1pwatcI

Apparently, this policy is supposed to convert to a ‘high yield savings account’ after a certain amount of time.

I see this kind of thing WAY too often. That’s why I am making this video to help educate you so that you can protect yourself from scams like this.

00:00 Intro

03:26 Let’s break this down with some basic questions:

🤔 Does he need life insurance?
🤔 Does he need that amount?
🤔 Does he need this type of policy?

06:34 2️⃣ What about this 4.5% Dividend?

07:36 3️⃣ What is the net return?

09:36 4️⃣ Where does the $612,025 come into play?

If you think an offer sounds too good to be true, chances are …you need to run! 🏃🏼‍♀️🏃🏼‍♂️🏃🏼‍♀️🏃🏼‍♂️

Over paying for life insurance? Get a Free Quote on my blog, GoodFinancialCents.com here:

https://www.goodfinancialcents.com/how-much-does-a-million-dollar-term-life-insurance-policy-cost/

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