Cash Value Life Insurance - Whole Life insurance Explained

Cash Value Life Insurance comes in all forms. Understanding how Cash Value life works can be tough, and Whole Life Insurance might be the toughest to decipher. This cash value life insurance series comes to a a close looking at some benefits and draw backs (or pros and cons ) to whole life insurance. Whole life and infinite banking are often paired together, but after watching this video tell me why you think that might not be the best idea.

Make sure you check out the entire series on cash value Life insurance!

Cash value life insurance is often misunderstood and sold by agents who know far less about their own products than they should.

This series on cash value life insurance is meant to explore tax free retirement, 770 accounts, indexed universal life, variable universal life, and whole life in order to better educate you on what is available. Don't be confused by the whole life insurance dividends!

I don't come out and say exactly why infinite banking wont work with whole life, but you should be able to read between the lines.

[CashValueLifeInsuranceReviews]

I don't come out and say it, but why doesn't infinite banking make sense? See if you can pick out the #1 reason from this video. To the Captive Whole life agents who will inevitably start a fight in the comments, Good Luck!

[bessource]

Thank you for the series and helping to aggregate a level of integrity between the insurance market place for consumers, agents and carriers in an industry where there is much dearth. My questions to follow ...

[bessource]

My questions are as follows: why is the dividened rate significantly lower than what is contractual. Is it because of the options of market participating in the market versus actually purchasing? Secondly, can you elaborate on why the captive agents sell the best whole life products versus independent agents? And finally, Can you do a review on foresters whole life products. I think there are two, PlanRight and Advantage Plus. The later being the top grade of the two. Thank you.

[willnichols]

Why are you typically not getting the quoted dividend rate? Why is the IRR lower than quoted?

[adam]

Premiums should equal income, once you understand that you'll know what to do.

[BossChronicles]

Whats the type of life Insurance that builds a cash value and you can cash out in 10 to 15 years