Banking Brief 5: Permanent Life Insurance

Have you ever gone to a movie that received some really bad reviews - and found out you liked it? Or, have you listened to somebody rant and rave about something that you later found out they knew little to nothing about?

Many times hearsay, gossip and commonly accepted beliefs are wrong! Somebody or something can get a bad reputation unjustifiably.

That is the case with permanent life insurance.

Although it's been around for over 200 years, it is one of the least understood financial products around. This video helps shed light on the truth about permanent life insurance.

Ironically, if many of the opponents understood the power of permanent life insurance, they'd be raving fans.

Most of the restrictions, limitations and penalties that are inherent in the government-created retirement plans like 401Ks, IRAs, Roth IRAs and 529s do not pertain to permanent life insurance. In fact, life insurance is a private contract between you and the insurance company - so the government is not even involved!

After watching this video, you'll see that permanent life insurance is an absolute must have for an ideal financial plan that works in good times and bad!

Category:

Nonprofits & Activism

Tags:

• permanent life insurance
• life insurance
• 401K
• IRA
• Roth IRA
• 529
• financial plan
• finance
• retirement plans
• financial products
• it's your money
• itsyourmoney
• nelson nash
• ricky heard
• john baker
• cbh insurance