On this episode, Jake and Gino bust the myth of preferring Term Life Insurance over Whole Life Insurance and investing the difference in premium separately. According to research done by Penn State University, more than 90% of Term Life Insurance policies are actually terminated or converted, and less than 1 policy out of 10 survives for the entire period for which it is written.
As you have likely heard, ‘buying term- invest the difference’ refers to a strategy of comparing the cost of a cash value whole life insurance policy to a term life insurance policy with the same death benefit, and investing the difference into the stock market, instead of letting it accumulate as cash value within the whole life policy. The problem is, most people don’t actually end up investing the difference.
Our specially-designed whole life policies provide coverage for your whole life. It’s okay if you have purchased another type of life insurance before hearing about this concept. Gino himself even bought both term life and indexed universal life insurance before learning how to use this whole life strategy. It’s never too late, and you can still benefit from becoming a 100 Year Real Estate Investor.
BONUS RESOURCES:
Dual Asset Strategy eBook: https://100yearrei.com/ebook-download/
Learn how to leverage permanent, cash value life insurance to become your own source of financing!
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To talk to our Team about adding a 100 Year structured policy to your personal financial plan (and even the plan for your business or children).
ABOUT THE 100 YEAR REAL ESTATE INVESTOR:
The Whole Life Insurance Policies offered by the 100 Year Real Estate Investor are specially-designed. This means they work harder toward achieving your financial objectives, no matter what they may be. Check out this blog for 7 facts about our specially-designed strategies that may not be true about typical whole life policies: https://100yearrei.com/7-facts-about-specially-designed-whole-life-policies/
Life insurance is not an emotional decision, but a sound risk management decision, which provides protection and opportunity for the future. Each Member of the 100 Year Team is a Bank on Yourself® Professional, and are experts in the Infinite Banking Concept®. We are licensed and service clients in the United States, Canada, and Puerto Rico, specializing in working with Real Estate Investors.
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