Knowing how a whole life insurance policy should be properly structured is important. Whole life insurance, when structured properly, is more like a savings account on steroids than anything else. It is a tool that can make all of the investments you buy better.
Chris Kirkpatrick reveals how to properly structure a whole life insurance policy. There are many different opinions about whole life insurance. Some people like Dave Ramsey and Suze Orman will tell you whole life is horrible investment. The bottom line is that whole life insurance is not an investment at all.
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📖 Chapter Timestamps Here ⏰
0:00 Intro
2:45 BAD whole life policy structure
5:25 A traditional Infinite Banking Whole Life Policy Design
13:14 A look at a 10-90 whole life policy design
20:39 The BEST Whole Life Policy Design (if you can do it)
37:40 overview and conclusion
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🤔 ABOUT LIFE180 😃
Chris Kirkpatrick launched LIFE180 as a solution to a problem. As the director of business development for a Fortune 1000 life insurance / broker dealer, he became disenchanted with the financial industry because of the lack of education provided to clients and how "financial advisors" were really just glorified sales people.
So... LIFE180 was launched to help give relevant financial education for people to create wealth. Along the journey, LIFE180 has evolved. Chris quickly realized he was passionate about not just helping entrepreneurs on how to leverage their money, but how to build their businesses.
Over the past 5 years, Chris has spent thousands of hours mastering the art of online business development for himself and clients. In 2020, LIFE180 morphed into a full service online business launch and development agency. If you need any help creating more revenue or generating more leads online, LIFE180 can help.
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*All content in this video is for educational purposes only and is not to be interpreted as personal financial advice.
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