Best Whole Life Insurance Companies and Policies [The 5 Criteria We Use]

V I D E O S T O W A T C H N E X T :

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So, what makes the best whole life insurance? You want to have the following criteria:
1. Mutual Company
2. Top Rated
3. Participating (pays dividends)
4. Non-Captive
5. Paid Up Additions Rider

Whole Life vs IUL
Whole life has no increasing costs. That is why it has three primary guarantees: Guaranteed Cash Value, Guaranteed Death Benefit and Guaranteed Fixed Premiums. In contrast, Index Universal Life has increasing costs of insurance, so there are no long term guarantees. You may see higher returns with an IUL policy, perhaps. But if you want predictability, guarantees, and immediate access to your cash value, then whole life insurance is the best option.

📖 Chapter Timestamps Here ⏰
0:00 Intro
1:20 Mutual vs Stock Insurance Companies
3:26 Life insurance dividends
5:23 Top 5 Criteria for the Best Whole Life insurance Companies
7:57 Best Whole Life Insurance Policy
10:17 Indexed universal life vs whole life insurance
12:35 Next Steps
12:55 Conclusion: Look at your own numbers

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DISCLAIMER: All content in this video is for educational purposes only and is not to be interpreted as personal financial advice. Always do your own due diligence.

#infinitebankingconcept #infinitebanking #becomeyourownbank #bankonyourself #beyourownbank #wholelifeinsurance #wholelife #cashvaluelifeinsurance

[InsuranceandEstates]

0:00 Intro
1:20 Mutual vs Stock Insurance Companies
3:26 Life insurance dividends
5:23 Top 5 Criteria for the Best Whole Life insurance Companies
7:57 Best Whole Life Insurance Policy
10:17 Indexed universal life vs whole life insurance
12:35 Next Steps
12:55 Conclusion: Look at your own numbers

[robmartin]

The Guardian, Mass Mutual, New York Life, Northwestern Mutual Life, Penn Mutual,

[jgangi]

But you didn’t mention the names! Of the best co

[bryanjabouin]

Any recommendations of companies that can pay out a loan on my policy right away?

[stephengilstrap]

What do you guys think about a Lafayette Life Patriot 2020 policy with Riders: 7YT LPUA SPUA ADBR+, super preferred, no tobacco? Started it January 2020.

[tbd]

Diesnt answer the question which one is best

[EK-lpod]

I have a whole life policy that I've held for the past 13 years. I'm ok with it i guess however suspicious. Why is it that i can never find any testimonials from real people about how their Whole life policy is giving them a nice dividend in retirement? Any thoughts?