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061: Dissecting Whole Life Insurance with Kim Butler
Founder of Partners for ProsperityTM , LLC, CEO Kim Butler has shunned common financial products in favor of alternative investments, private lending and creative life insurance strategies outside of the typical financial planning “box”. Co-founder of The Prosperity Economics Movement, she is known as a decisive thought and action leader. Twice awarded Investopedia Most Influential Advisor, 2017 and 2018.
Here are the questions for the podcast:
• What are different types of life insurance policies?
• Why do you recommend Whole life insurance policy?
• I have been told you get 80% of the paid amount as loan in the first 5 years and then you should be able to borrow most of it out. Is this true?
• What are some of the things to look out for before signing up for whole life policy?
• Once you have acquired a policy , how to read a policy or inforce illustration?
• How policy loans work and when one should and one should not take it out as loan?
• What is C.L.U.E.?
• What to know about taxation?
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By Alpesh Parmar
5
6161 ratings
Founder of Partners for ProsperityTM , LLC, CEO Kim Butler has shunned common financial products in favor of alternative investments, private lending and creative life insurance strategies outside of the typical financial planning “box”. Co-founder of The Prosperity Economics Movement, she is known as a decisive thought and action leader. Twice awarded Investopedia Most Influential Advisor, 2017 and 2018.
Here are the questions for the podcast:
• What are different types of life insurance policies?
• Why do you recommend Whole life insurance policy?
• I have been told you get 80% of the paid amount as loan in the first 5 years and then you should be able to borrow most of it out. Is this true?
• What are some of the things to look out for before signing up for whole life policy?
• Once you have acquired a policy , how to read a policy or inforce illustration?
• How policy loans work and when one should and one should not take it out as loan?
• What is C.L.U.E.?
• What to know about taxation?