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Keeping Policies in Effect, Cash Value Projections, & Breaking Even (BWL Q&A #42)
In today's Banking With Life Q&A, James answers questions such as, "When is cash value projected to exceed total premium paid?", "What is meant by 'break even' in a policy?", "What does 'insurable interest on' mean?", and more! As always, we hope you enjoy and thank you for listening!
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1. 0:22 - Keeping my policy in effect?
2. 1:47 - Paying premiums until age 91?
3. 4:27 - When is the net cash value projected to exceed the sum total of all premiums paid?
4. 5:36 - What does "break even" on a policy mean?
5. 10:35 - What does "insurable interest on" mean?
Nice Comments😁 14:04
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All content on this site is for informational purposes only. The content shared is not intended to be a substitute for consultation with the appropriate professional. Opinions expressed herein are solely those of James C. Neathery & Associates, Inc., unless otherwise specifically cited. The data that is presented is believed to be from reliable sources and no representations are made by James C. Neathery & Associates, Inc. as to another party's informational accuracy or completeness. All information or ideas provided should be discussed in detail with your Adviser, Financial Planner, Tax Consultant, Attorney, Investment Adviser or the appropriate professional prior to taking any action.
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