How Does Cash Value In Whole Life Insurance Work?

Today I'll be answering the questions of what exactly cash value is and how it works in a whole life insurance policy.
#wholelifeinsurance #cashvaluelifeinsurance #infinitebanking

*This video is for education purposes only and is not financial or legal advice.
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*This video is for entertainment purposes only and is not financial or legal advice.

[AndAsset]

What other questions about whole life insurance do you want me to answer?

[dailstancill]

The banking or financing component work like a LOC but it's cash collateralized more like a CD, which can be leveraged. If u consider a paid off house - 100% equity, & count appreciation as the uninterrupted growth, then resembles a WL policy. I'm a RE fan so good comparisons but cash security part is key & it's insurance - Economic value defined as DB, whereas FMV or Appraised value defines rental property.

[thisnext]

Are you guys able to structure a life insurance similar to Kayzen?

[chrisventura]

Its a loan? You need to pay the cash value back?