Using equity and cash value from life insurance to build wealth | Estate Professionals Mastermind Podcast episode 100
Can you create a permanent life insurance plan that creates equity and cash value? YES!
IN THIS EPISODE: Choosing the right plan, at the right amount, at the right time.
Full show notes: probatemastery.com/cash-value-life-insurance-for-real-estate-investing
Watch on YouTube: https://youtu.be/RxEuVKwjgP8
You’ll Learn:
🔵Do you really need life insurance?
🔵When is the best time to get life insurance?
🔵When should I buy term life vs. whole life insurance?
🔵What are some reasons NOT to buy life insurance?
🔵How to use life insurance while alive
🔵Best life insurance to build wealth
🔵How the rich use life insurance
🔵How to use life insurance cash value to buy a house
🔵Can you use life insurance as a bank for real estate investing at scale?
🕛🕛Timestamp Navigation 🕛🕛
0:00 What role does insurance play in wealth?
4:20 What age should you get life insurance?
9:08 What type of life insurance should I start with?
14:11 What insurance benefit amount should you choose?
22:43 Is term life convertible to permanent life insurance?
25:59 How to access the cash value of your permanent life policy
29:31 Building wealth with life insurance
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