8 Benefits of Whole Life & How to Avoid Insurance Pitfalls - E749 - CFC

Most everyone here knows that real estate is one of, if not THE best, investment strategies… But if you want to protect your money and look out for your family, you also want to be thinking about the best savings strategies. That’s why, today, I’m sitting down with Kyle Fuller, expert in infinite banking and Whole Life insurance, to discuss the benefits of having a Whole Life insurance policy that can scale your wealth quickly while protecting it, too. Everyone needs an insurance plan in place to safeguard their assets and Whole Life is a game-changer in establishing a secure financial foundation (and future). If the name didn’t give it away, Whole Life insurance offers contractual guarantees for your WHOLE life. Though this isn’t an investment strategy, it does share some great qualities… To name a few: constant compounding, liquidity, a passive income stream… And, as Kyle lists, Whole Life also has flexible loan rates, privacy, a high savings yield, and in the event of your passing, the insurance payout is NOT taxable. Just keep in mind, with any insurance plan, make sure you set the premiums at a realistic standard… Don't over commit to a premium you can’t afford because that can collapse the entire plan. And, as with any important financial decisions, get educated before you make any decisions. Work with an insurance agent that is highly knowledgeable, accessible, and that you want to build a long-term relationship with. So, tune in today to discover how you can turn your savings strategy into an income generating opportunity and create multigenerational wealth for your family with Whole Life! Take control,  Hunter Thompson Resources mentioned in the episode: Kyle Fuller Website Email Interested in investing with Asym Capital? Check out our webinar.   Please note that investing in private placement securities entails a high degree of risk, including illiquidity of the investment and loss of principal. Please refer to the subscription agreement for a discussion of risk factors. Tired of scrambling for capital?  Check out our new FREE webinar -  How to Ensure You Never Scramble for Capital Again (The 3 Capital-Raising Secrets). Click Here to register.   CFC Podcast Facebook Group