NBC News Investing In Life Insurance @ www.surelife.biz

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Uploaded by on Jul 4, 2008

NBC News Investing In Life Insurance..watch more video @ www.surelife.biz

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  • @jgilles85 As I've heard before you really are that dumb!!! I've got huge gains in my permanent life products!!!!

  • @prospersbc: That's because there are no earnings. The withdrawls are only tax free, because the CV is lower the the premiums paid. You can't tax a loss!

  • Loans u take out need not be paid back. Whole life operates s.t. if u access cash via loans, u have a choice as 2 whether or not to pay it back. If u don't pay back the loan, it gets deducted from the death benefit (DB), and ur beneficiary would receive the difference.

  • The best thing about this video is it came out way before the 'real' market turmoil began. Because I have seen this work, I'm a big proponent for Whole Life Insurance (before 2008). Tax-deferred growth, tax-free withdrawls on earnings, and no penalties before 59.5, plus insurance...kind of a slick way to pay for your daughter's wedding.

  • am a financial advisor that sells whole life and term life, usually whole life to business owners who understand how to use the product effectively for getting tax free dollars out of there business. When I work with families, it is usually a mix of term and whole life. But I would challenge anyone in the world to show me a place where my clients could put money to grow on a tax-deferred basis, take tax free withdrawls on earnings and pay no penalties before age 59.5 and get insurance on top

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