How Does Whole Life Insurance Work As An Investment?

No one enjoys investing in their death. We get life insurance to protect our loved ones, our business partners, etc. BUT WHAT IF YOU COULD LEVERAGE LIFE INSURANCE AS AN INVESTMENT FOR YOUR LIFE? In this episode, I show you how life insurance works.

Should you use just anyone to set up your policy? Find out here!

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Watch and Enjoy!
Kris Krohn

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MUSIC
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Tobu - Infectious
Licensed under Creative Commons — Attribution 3.0 Unported— CC BY 3.0
#RealEstateInvesting #MoneyMindset

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Video Produced by:
Nate Woodbury - YouTube Producer

EARNINGS DISCLOSURE
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Kris Krohn is not in the business of providing personal, financial or investment advice and specifically disclaims any liability, loss or risk, which is incurred as a consequence, either directly or indirectly, by the use of any of the information contained in this document. Also, Kris Krohn, this document, and any online tools, if any, do NOT provide ANY legal, accounting, securities, investment, tax or other professional services advice and are not intended to be a substitute for meeting with professional advisors. If legal advice or other expert assistance is required, the services of competent, licensed and certified professionals should be sought. In addition, Kris Krohn does not endorse ANY specific investments, investment strategies, advisors, or financial service firms.

[TheFarmhousePaintandSip]

You know your stuff because you explain it in a way that is cristal clear.

[jenniferwoodbeck]

Great explanation. I have done this with a few clients and it is a great strategy.

[Eva--vw]

I love the value you bring in financial literacy.

[nicholashoriel]

Your loan also collects compound interest while it’s taken out

[ffkfnfnjdkdkdj]

And you said if you set it up correctly do you have a vid on how to do so

[melvinmcqueen]

I am interested in that type life insurance

[asterisk]

Pardon my thickness here, but I didn't quite hear the part about why one should get this type of insurance policy and borrow in order to invest in real estate or a business, instead of just going directly to invest in real estate or a business. Does it get you there faster somehow?

[marcusholden]

do you need to deposit a large sum or just monthly payments to achieve the £300k death benefit in this example

[KittyOzzyZiggy]

What insurance company do you recommend

[gmueller]

is this a strategy that should only be done once you are already maxing out your company 401k, and also an IRA? Thanks

[canocano]

When you borrow against it are you charged interest on the loan against your savings?
If so that sounds so wrong. Why would you pay interest on your savings?

[InnerMoonTrading]

Whats life insurance and how Do i get one?? Is it a bank, do i call someone ?

[adryboni]

I’m just finding this clip and trying to find that link below I realize it’s broken and the page is a 404 down.
Can somebody provide some more info? Thanks

[seren]

Hi Kris, what are your thoughts about having a trust in the life insurance?

[nerfeesaylon]

Can you teach me how im interested in it talking to some insurance agents they cant let you barrow unless you put a certain year to your whole life insurance policy.

[GardeningViking]

Where's the links your talking about can't find them.

[Pools]

Can people apply from anyway in the world

[brucecampbell]

How many people loose big or loose everything trying to make 20% per annum? This argument may work for a few very skilled and disciplined investors but comes with very significant risk for most.

[cakecake]

Thanks for the brief explanation. It’s the 671 views for me ! Lmao 🤦🏻‍♂️

[tracylieu]

Can you give me the contact to open a whole life insurance policy as what you said. Do you know how to convert 401k into whole life policy without paying tax and penalty?