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Did you see the surrender charges tho??… 👉🏼Follow @FinancialFierceness for more financial education tips, valuable insights, and all things finance. Elevate your financial literacy and success! 💡💸 $26.14 PER $1,000 of initial face amount! Remember that’s $350,000. (Go back to first video to see!) For the first 15 years if you wanted to surrender your policy. That comes from your Cash Value because they CANNOT take from your life benefit. That’s around $9k And I’m sorry but you’re cash value is NEVER getting to that number unless you’re front loading (bringing money in to fund your cash value) and even then, the first 1-4 years that is NOT available to you to touch. These are just a few inside secrets to these policies that you will NEVER hear from the agent themself. These are HIGHLY expensive policies that do not do justice to anyone especially the average person and you can do so much more for your money than what they “sell” you on. Please PLEASE read the fine print and do not be afraid to ASK QUESTIONS! This is YOUR family and YOUR money! Stay tuned for the final video when I talk about the COST OF INSURANCE on these policies. Cause if you didn’t think the fees were crazy, wait until you see the cost of insurance. 👉🏼Follow @FinancialFierceness for more financial education tips, valuable insights, and all things finance. Elevate your financial literacy and success! 💡💸 #MoneyMastery #FinancialFierceness #FinancialCoach #FinancialTips #FinancialEmpowerment #WomenEmpowerment #BeFierce #BeEmpowered #FinancialLiteracy #FinancialLiteracyMonth #LifeInsuranceAwareness
Duration: 16 sPosted : Sat, 20 Apr 2024 01:58:06Views
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