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Podcast: The Money Advantage Podcast
Episode: Whole Life Insurance Case Study (19 Years), with Tom Suvansri
Description: How does whole life insurance work out over the years? Today, we're looking at a real-world case study of someone with basic whole life insurance policies that have become very productive and efficient assets when held and used long-term.Â
https://www.youtube.com/watch?v=D0tsSgckpTY
We'll discuss how policies for self, spouse, young kids, and future grandchildren work together. In particular, we'll see how the newest policies in Tom's family banking system have turned a corner. Now, they're accumulating more cash value than the cost of annual premiums. He then used these dollars to invest in cash-flowing assets t...