Episode 92: [Great Problems] Can I Put A Lump Sum into a Policy? Part 1

In this episode, we ask: What are the six major reasons why people put lump sumps into Bank on Yourself type policies? What about paying off debt? What is the debt snow bank method? What about finding a new place for your safe money to live? What about an instant inheritance? What about protecting from...

In this episode, we ask:

What are the six major reasons why people put lump sumps into Bank on Yourself type policies?
What about paying off debt? What is the debt snow bank method?
What about finding a new place for your safe money to live?
What about an instant inheritance?
What about protecting from the expenses of long term care?
What about a capital fund for business opportunities?
What about a holding place for future expected lump sums?
What about funding a college education?
What about the policy loan feature?
What is a single premium policy?
Can you put a lump sum in and add a regular payment?
How can you consolidate debts or pay them off while still growing your money?
How can you boost your retirement income?
What are some of the benefits of moving debt from creditors to your own policy?
What if you could pay back loans on your schedule?
How about access to cash value?
Have you heard Episode 33?
Have you heard Episode 75?
How long does it take to pay off the debt?
How did Karen pay down her debt?
How can you reach out to Brandon?
How can you access the cash value?
What about tax dynamics?
Are you concerned about the volatility of the market?
What about receiving an inheritance?
What happened to a widow who put her inheritance in the market?
What about flexibility and control?
What about a tax free death benefit?
What about an instant inheritance that’s greater than what one can save alone?
What about planning for long term care needs?
Is it likely that we will need long term care?
What about the rate of return?
Are you planning to live a long time?
Are we living longer?
What are the costs of long term care?
What about home health aids, semi-private nursing room or private nursing rooms?
What is growing double the rate of inflation?
What about a surviving spouse?
What are the four ways to pay for long term?
Can you save cash for long term care in a private fund?
What is a traditional long term care policy?
Why are people no longer buying traditional long term care?
How much do traditional long term care policies cost each month?
What about single premium whole life policies with long term care benefits?
What are the benefits from a single premium policy that covers the long term care expenses (if you even need it)?
What happens if you have a terminal illness or need a life saving surgery?
What about the death benefit?
What about leaving a legacy?
Are you amazed?