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In this episode, we ask:
- Did you know that you can convert certain term life insurance policies to whole life without having to prove that you are in good health?
- What about renting?
- What about owning?
- What about the cost?
- Why are whole life premiums higher than term life premiums?
- Is whole life insurance way more expensive than term insurance?
- What about mortality cost?
- What about policy duration?
- What about risk?
- How long do term policies tend to last?
- What about term costs going up with age?
- What happens when term policies expire?
- How many term insurance policies actually pays a claim?
- What are the types of life insurance?
- What about cheap term on the web?
- What about convertible term insurance?
- What about something akin to a “rent to own” provision?
- What about the option to move to whole life insurance?
- Does convertible term insurance cost a lot more?
- What about a modest whole life policy?
- What are the three benefits of converting?
- What about a medical exam?
- What about converting under age 65?
- What about essentially locking in approval?
- What about the death benefit?
- What about estate planning?
- What about liquidity?
- What are the questions?
- How does it work?
- What about health status?
- How much is convertible?
- How is this like saving your place in line?
- How much does it cost?
- How much more does it cost to cashflow the whole life insurance?
- What is a term insurance credit?
- How long does it take to convert?
- What about processing time?
- What about a partial term conversion?
- What about flexibility?
- What about protecting your family?
- What about increases in income?
- What about additional policies stemming from term conversions?
- What about completely converting the term?
- What’s an example timeline?
- What about a case study?
- What type of whole life insurance are you converting into?
- What about timing?
- What about overwhelm?
- What about diagnosis or disability?
- What is possible?
- Would you like to join the FREE Not Your Average Financial Community?