DONโT BUY THAT PERMANENT POLICY!
The money you put into life insurance should be the most efficient dollars that you hope you WASTE. Financial advisors, Nic and Alex, explain why you shouldn't be forced pay higher premiums for less coverage. They show you why these "investible" insurance policies are majorly inefficient. Rent the policy, don't buy it.
Hosts:
Nic Daniels BFAโข, Financial Advisor
Alexandra Lundgren AIFยฎ, Financial Advisor
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The Real Money Pros
https://www.therealmoneypros.com
Use our Sponsors!
Academy Mortgage
https://academymortgage.com/?lo=dave-perry&utm_source=podcast&utm_medium=description&utm_campaign=show_sponsor
Lively (HSAs and FSAs)
https://livelyme.com/pro
Tree City Advisors of Apollon
https://www.treecityadvisors.com
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Chapters:
00:00 - Intro
00:17 - Yes, Buy Life Insurance
01:14 - Term Life Insurance
02:47 - Permanent Life Insurance
04:28 - Donโt Be Sold the Permanent
07:20 - Insurance is NOT an Investment
09:30 - Insurance Illustration Examples
16:47 - Permanent is Just Inefficient
18:15 - Outro