Picking up where they left off last episode, "No BS Money Guy," Todd Strobel, and best-selling financial author, Kim D. H. Butler, resume talking about life insurance and how we can use it for our benefit before our death.

Todd and Kim discuss two different working examples of how we can utilize our death benefits during our lifetime. They present the pros and cons of various life insurance policy options and make recommendations on which they believe could be in our best interest in certain situations.

Many people do not realize how life insurance can be used to transfer wealth while the policyholder/insured is still alive and well! We are encouraged by the hosts to not wait until death to use our insurance to benefit others, but rather to give while we live.

0:19 – Hi everybody! 0:33 – Picking up where we left off 0:50 – Using your life insurance in your 70's 80's and 90's 1:11 – Benefiting the next generation with life insurance 1:29 – Utilizing both term and life insurance 2:20 – Example of how to use your own death benefit during life 4:00 – Second Example 6:58 – Clarifying examples 8:20 – Buying life insurance for permission to spend 9:40 – Touching on universal life insurance policies 10:17 – Question: using life insurance to give 11:35 – Wrapping up