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EP 263: Cash Value and Key Person Life insurance

EP 263: Cash Value and Key Person Life insurance

Published 3 years, 4 months ago
Description
In today's episode, we sat down with Casey Dahl to talk about an insurance product that is gaining popularity among business owners. We give an overview of the product, how it works for individuals, and how you can implement this through your business as key person insurance. Index universal life insurance, or IUL, is a type of permanent life insurance that provides both a death benefit and a cash value component. It differs from traditional universal life insurance in that the cash value is linked to an equity index, such as the S&P 500, instead of a fixed interest rate. This means that the policyholder can potentially earn higher returns on their cash value. The cash value can be accessed through withdrawals or loans. If managed correctly, the cash value can provide tax-free income in retirement or be used to fund large purchases, investments, or in emergencies. ----- Schedule a call with Michael: https://calendly.com/michaellejeune/govconstrategysession ----- Join our Coaching and Training Platform Today! - Our clients have won more than $14.6 Billion in contracts - Over 24K government contractors trained - Every document, strategy guide, and template you need - More than 150 video trainings - Email Support - Weekly Inner Circle Live Q&A Call Go check out our group coaching program here: https://federal-access.com/gamechangers
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