In this episode, The Annuity Man and Bill Black discuss:

• What is happening in the life insurance space (especially during the current pandemic).
• How interest rates affect life insurance policies.
• Benefits of life insurance to the beneficiaries.
• What to watch out for in the sales pitch world of life insurance.

Key Takeaways:

• Oftentimes, term insurance can be changed to permanent insurance without the health checks being redone.
• Life insurance is the best return on investment that you will never see.
• Like with annuities, you buy life insurance for what it will do, not what it might do.
• Rather than letting a life insurance policy lapse when you don't want to continue it, it can be sold like you would a stock or bond.

"There are no ifs, ands, or buts when you buy the right policy that has the right guarantees on it." — Bill Black

Connect with Bill Black:

Website: http://www.whbco.com/

LinkedIn: https://www.linkedin.com/in/whblack/

Connect with The Annuity Man:

Website: TheAnnuityMan.com

Email: [email protected]

Book: Owner's Manuals

YouTube: Stan The Annuity Man

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