Broker Check

Sound Financial Group - Bothell, Washington

 

SFB087 Basics of Life Insurance Part 7 - Recap the Series

| December 12, 2017
Share |

Listen Here

Subscribe Today

 

Episode Summary

In the final episode of this seven part series on the Basics of Life Insurance, Paul sits down with Cory Shepherd, President of Sound Financial Group and author of Cape Not Required to give a recap of this immersive series on life insurance. 

What Was Covered

  • 00:50 - Part 1 - Term and Whole life insurance
  • 01:41 - Part 2 - Universal life
  • 02:28 - Part 3 - The amount of life insurance
  • 03:52 - Part 4 - The types of life insurance companies
  • 05:07 - Part 5 - Why the IRS has put limits on how much you can put in life insurance
  • 07:02 - Part 6 - How to integrate the death benefit of your life insurance into the distribution planning in your old age

Tweetables

"Life insurance is gated and it’s gated by our health and we’re not always guaranteed to have it."

"There are no good or bad types of life insurance just good or bad implementation of certain kinds."

"Make sure a mutual company is always in the lineup when you’re looking at life insurance options."

"It’s the IRS that says that you can only put so much money into a whole life insurance policy because of the advantage it gives you as a taxpayer."

"A way to consider your planning might be to match your capital at work to the amount of guaranteed death benefit you have in life insurance."

Share the Show

Did you enjoy the show? We would love it if you subscribed today and left us a 5-star review!

  1. Click this link – Sound Financial Bites
  2. Click on the ‘Subscribe’ button below the artwork
  3. Go to the ‘Ratings and Reviews’ section
  4. Click on ‘Write a Review’

Related Links

Attachments

Share |