The Banking Breakdown With Steve Parisi

We get asked this question all the time! Steve goes through the top 4 companies' projections, flexibility, and actual performance. The important thing for someone looking to take apolicy out is to ask the right questions! Make sure you know what your options will be if you go with a certain company and that it will suit your lifestyle and financial goals.

This episode will cover all your options when it comes to taking a loan from your policy. You can repay the loan, you can pay back just the interest, you can not pay back anything - whatever works for you! We discuss specific examples and how these payment options affect the performance of your policy.

In this week's episode, Steve will go through typical cash value life insurance returns and compare them with other assets you can place your money in (like real estate and the stock market) and see what their taxable equivalents are. Will your money really get you farther if you invest in the stock market? Find out! Check out the video here: https://www.youtube.com/watch?v=PrWU7Yx3Q1c&list=PL3qYetO2Oc86Mz2GIlopgNryZ5QOZtW4O&index=40&t=8s

In this episode, Steve discusses the many ways a policy can be split into insurance cost and cash and which split is the most effective. This can vary depending on your age, health, income, and needs - but overall, if you stick to a certain ratio, you can always maximize your cash regardless of your circumstances! Watch our YouTube video here: https://www.youtube.com/watch?v=uGMUuLj6Sfo&feature=youtu.be

In this webinar, Steve goes over your options if you can't pay into your policy for any reason. Life happens - sometimes there are more pressing areas to put your money into! But you don't have to let your policy lapse. Such is the beauty of a high cash value policy! Check out the YouTube video here: https://www.youtube.com/watch?v=wIZj7GeAcZs&list=PL3qYetO2Oc86Mz2GIlopgNryZ5QOZtW4O&index=36

This episode will discuss how you can actually take income out of your cash value life insurance policy! How can you set a policy to support it? What are some things to look out for when planning to do this? Listen in to find out! Watch the YouTube video here: https://www.youtube.com/watch?v=aiVXQBrZbW8&list=PL3qYetO2Oc86Mz2GIlopgNryZ5QOZtW4O&index=36&t=9s

If you notice that your current life insurance policy isn't giving you as much cash value as it should, what are your options? Should you switch to a different company? Can you even do that? Or are you just stuck not getting the most out of your money? Watch the YouTube video here.

Edit

Our agents get asked about how loan interest works very frequently! It can be quite confusing and complicated, but this webinar goes into all the details from start to finish to help you understand how the interest accrues, where it goes, how to pay it off effieciently, etc. Watch the YouTube video here.

Disclaimer: everything mentioned in this webinar should not be used as professional tax advice. Please consult a CPA before making any decisions using the information discussed. This episode will go through the possible pros and cons of using a cash value life insurance policy to make tax payments. Watch the YouTube video: https://www.youtube.com/watch?v=5DKra7ndBLY&list=PL3qYetO2Oc86Mz2GIlopgNryZ5QOZtW4O&index=32