Why Do Wealthy People Buy So Much Life Insurance

Are you wondering why do wealthy people buy so much life insurance? That's because it's not just for the death benefit. In this video, I'll show you something you might not be aware of.

To your abundance!
Doug Andrew

Key Moments In This Episode
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00:00 Intro & Summary
01:18 What Are The 3 Biggest Dangers To Outlive Your Money
02:35 Why Do Wealthy People Need So Much Life Insurance
05:06 Where Is The Safest Place For Your Money
07:16 What Do Wealthy People Use To Diversify Their Money
08:37 Why Do Wealthy People Buy So Much Life Insurance
10:47 How To Reposition Your Money To Earn Tax-Free Income
12:09 FREE Copy Of The LASER Fund

What To Watch Next
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How To Redirect Tax To Pay For Your Life Insurance

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Music
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Song: LiQWYD - Glow (Vlog No Copyright Music)
Music provided by Vlog No Copyright Music

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Nate Woodbury - YouTube Producer

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[bpmattic]

Doug, thank you. It takes a lot of time, energy and education to get years terrible financial ideas/mis-education out of your head. I’m finally to the point where I’m challenging the status quo and making arguments for IUL with our financial’advisor’. Yesterday I had at least six strong points and the only rebuttal was ‘I strongly recommend you use insurance for insurance and there are a lot of fees.’ I loved it.

[thomascrossjr]

I have made it my life mission to educate and help families and businesses benefit from these time tested concepts, principles and products. Always great 👍🏾 information Mr. Andrews.

[areaville]

Great video sir this will help me make more people understand the importance of LI. What are your position on wealthy people and whole life insurance?

[kriskris]

Why do banks buy whole life policies and not IUL policies? If IUL’s have higher returns and higher risks and whole life policies have Lower returns and lower risks, why don’t banks diversify? I am being told that BOLI’s are whole life policies..