In today’s episode we have fun discussing the safety of the life insurance industry. For most people parking money in a life insurance contract seems like an odd thing to do but the life insurance industry is the bedrock of the financial system. Plus, it’s a little known secret that banks put up to 25% of their tier 1 assets in cash value life insurance contracts even though they want you to buy mutual funds!
If the life insurance industry is safe enough for bank money, there’s stand a good reason it’s safe enough and a smart option for you, too.
We invite you tune out the “noise” and plug into why you should consider a portion of your safe money be parked within properly designed Whole Life insurance contracts to keep, grow, and ultimately pass on your wealth without taking unnecessary market risks.