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How Flexible Can Whole Life Be? With Marty Smith

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Manage episode 383932650 series 2421926
Content provided by Brandon Neely and Amanda Neely, CFP®, Brandon Neely, and Amanda Neely. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Brandon Neely and Amanda Neely, CFP®, Brandon Neely, and Amanda Neely 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.

"Whole life is the most common form of permanent insurance. Premiums ... remain the same throughout the policy period." - financial planning textbook

Does that mean whole life premiums are inflexible?

We asked ChatGPT, "Are whole life premiums flexible?"

CHATGPT said: "Yes, whole life insurance premiums can be flexible to some extent, depending on the specific policy and the options chosen by the policyholder." Then, AI gave us 5 ways premiums can be flexible!

But just how flexible can whole life insurance premiums be???

Join our conversation with Marty Smith, Regional Vice President at Security Mutual Life of New York to learn more about a life insurance rider that we've found to have surprising flexibility. If you think you need flexibility with your financial future, this episode is for you!

LINKS:

Amanda's Screenshare:

https://youtu.be/VdJw31yvyOw?si=qHAwWubYJYUeyT_4&t=1303

Previous conversation with Marty:

https://youtu.be/bo8yWe2JtII

Book a Discovery Call here:

https://www.wealthwisdomfp.com/call

Find this episode on YouTube:

https://youtu.be/VdJw31yvyOw?si=j_JJiGRyGDy27TMQ

  continue reading

100 episodes

Artwork
iconShare
 
Manage episode 383932650 series 2421926
Content provided by Brandon Neely and Amanda Neely, CFP®, Brandon Neely, and Amanda Neely. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Brandon Neely and Amanda Neely, CFP®, Brandon Neely, and Amanda Neely 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.

"Whole life is the most common form of permanent insurance. Premiums ... remain the same throughout the policy period." - financial planning textbook

Does that mean whole life premiums are inflexible?

We asked ChatGPT, "Are whole life premiums flexible?"

CHATGPT said: "Yes, whole life insurance premiums can be flexible to some extent, depending on the specific policy and the options chosen by the policyholder." Then, AI gave us 5 ways premiums can be flexible!

But just how flexible can whole life insurance premiums be???

Join our conversation with Marty Smith, Regional Vice President at Security Mutual Life of New York to learn more about a life insurance rider that we've found to have surprising flexibility. If you think you need flexibility with your financial future, this episode is for you!

LINKS:

Amanda's Screenshare:

https://youtu.be/VdJw31yvyOw?si=qHAwWubYJYUeyT_4&t=1303

Previous conversation with Marty:

https://youtu.be/bo8yWe2JtII

Book a Discovery Call here:

https://www.wealthwisdomfp.com/call

Find this episode on YouTube:

https://youtu.be/VdJw31yvyOw?si=j_JJiGRyGDy27TMQ

  continue reading

100 episodes

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