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How To Use Life Insurance Cash Value | Episode 458

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Manage episode 403421575 series 1082285
Content provided by Jesse McFie and Wealth Talks Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jesse McFie and Wealth Talks Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The death benefit is probably the most prominent feature of life insurance and the feature most people think of when they think of life insurance. But that’s not the only benefit of life insurance, you can use the cash value of your life insurance while you’re still alive because your life insurance policy is collateral.

You can also assign your life insurance as collateral to use other people’s money.

If you own a business you can use life insurance as a benefits program and to keep critical employees.

Resources: To get term insurance contact https://mcfieinsurance.com/ Mailto:team@mcfieinsurance.com call: 702-660-7000

Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA== Facebook: https://www.facebook.com/profile.php?id=61554798231074

Watch on YouTube: https://youtu.be/axpMwXi2s78

  continue reading

475 episodes

Artwork
iconShare
 
Manage episode 403421575 series 1082285
Content provided by Jesse McFie and Wealth Talks Podcast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Jesse McFie and Wealth Talks Podcast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

The death benefit is probably the most prominent feature of life insurance and the feature most people think of when they think of life insurance. But that’s not the only benefit of life insurance, you can use the cash value of your life insurance while you’re still alive because your life insurance policy is collateral.

You can also assign your life insurance as collateral to use other people’s money.

If you own a business you can use life insurance as a benefits program and to keep critical employees.

Resources: To get term insurance contact https://mcfieinsurance.com/ Mailto:team@mcfieinsurance.com call: 702-660-7000

Follow the Wealth Talks Podcast on: Instagram: https://www.instagram.com/wealthtalkspodcast/?utm_source=ig_web_button_share_sheet&igshid=OGQ5ZDc2ODk2ZA== Facebook: https://www.facebook.com/profile.php?id=61554798231074

Watch on YouTube: https://youtu.be/axpMwXi2s78

  continue reading

475 episodes

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