Are Life Insurance Companies strong coming out of the COVID Pandemic
Release Date: 05/27/2020
Inflation 2024 | Episode 465
Wealth Talks
Inflation is like a thief that never comes. It is good to protect yourself from inflation in every way you can. The bible says that if the man of the house knew what time the thief was coming he would be on the alert and not let his house be broken into. We know the thief is here, our duty is to protect our financial house to the best of our ability. This episode of Wealth Talks Podcast is a timely episode for how to combat inflation in 2024. Resources: How to get a Whole Life Insurance Policy: Contact McFie Insurance 702-660-7000 | | Follow the Wealth...
info_outline
Infinite Banking For Your Business | Episode 464
Wealth Talks
This is an example of how someone used the Infinite Banking Concept and the cash value of their life insurance to expand their welding and fabrication business. One of the owners of Brothers Fab Shop joins us in the studio to answer all our questions. We ask about: The expansion opportunity How to borrow from a policy Have they paid the loans back yet How has the expansion affected business and more This episode of Wealth Talks Podcast is a great episode for anyone who owns a business. This is how the Infinite Banking Concept can work for a business owner. Resources: How to get an Infinite...
info_outline
My 1st Infinite Banking policy | Episode 463
Wealth Talks
In this episode we review the numbers of the first Infinite Banking policy we bought. We have owned the policy for 18 years now so you could say it’s an adult policy now. Over the years, We have paid lots of premiums on this policy and we have also used policy loans against the cash value for many things. We go over all of it in this episode, episode 463, of The Wealth Talks Podcast. Resources: 2 Ways to pay the most hated tax in America: Get a good Infinite Banking policy for yourself: 702-660-7000 mailto: Follow the Wealth Talks Podcast on:...
info_outline
How We Found The Infinite Banking Concept | Episode 462
Wealth Talks
In 2005 our family went on vacation. We drove from Oregon where we lived at that time down to San Diego California to spend some time on the beach. But on this particular vacation Dad may have been more excited about a book he was reading than the vacation we were taking. We had not been thrilled with all of the results we were getting from the financial advice we had followed most of our life, and here were some of the missing pieces in this book. The Infinite Banking Concept is a way of thinking that can revolutionize your financial future. In this podcast we talk about how we found The...
info_outline
Jesse is Getting Married | Episode 461
Wealth Talks
Our son Jesse, Is getting married this month, Jesse will be the first of our 8 children to get married. We are very happy for him and his soon to be wife, Alyssa. We thought it would be interesting and useful to have Jesse join us in the studio for this episode of Wealth Talks to talk about premarital financial considerations, house hunting and wedding plans among other things. Resources: To buy life insurance or get a life insurance review, contact McFie Insurance. mailto: or 702-660-7000. Follow the Wealth Talks Podcast on: Instagram: Facebook: Watch on YouTube:...
info_outline
How To Be Debt Free | Episode 460
Wealth Talks
Interest rates are rising right now and being in debt is becoming more expensive all the time. In this episode, episode 460 of the wealth talks podcast, we are going to talk about how to be debt free. Becoming debt free can be a daunting task, many people will never know what it feels like to be debt free. People take on debt voluntarily or involuntarily. Voluntary debt in our country often involves student loans and credit cards. Involuntary debt often involves emergencies. To truly be “debt free” you can’t have any debt, none, nada, zip, zero. This is how to be debt free....
info_outline
How To Get Life Insurance | Episode 459
Wealth Talks
It is good to have life insurance, but having bad life insurance can be worse than having no life insurance at all. Michele reads a message from someone who writes in about how they bought the wrong kind of life insurance even though they were trying to get good life insurance. We talk about how to get good life insurance and how to check the life insurance you already have to find out if it is good life insurance. Life insurance is something you want to get right the first time because it gets more expensive with time. Resources: Go here to get the free policy checklist we talk about in...
info_outline
How To Use Life Insurance Cash Value | Episode 458
Wealth Talks
The death benefit is probably the most prominent feature of life insurance and the feature most people think of when they think of life insurance. But that’s not the only benefit of life insurance, you can use the cash value of your life insurance while you’re still alive because your life insurance policy is collateral. You can also assign your life insurance as collateral to use other people’s money. If you own a business you can use life insurance as a benefits program and to keep critical employees. Resources: To get term insurance contact call: 702-660-7000...
info_outline
Is Term Life Insurance a Waste of Money | Episode 457
Wealth Talks
Most people think life insurance is for when you die, it is, but, you can also use the life benefits of whole life insurance while you’re still alive. What about term insurance though? Is it any good or is it a waste of money? Many people who have term life insurance now are going to be severely disappointed when their term is up because you can't turn back the clock and get new coverage at the same low rates you had before. Resources: To get your life insurance reviewed call McFie Insurance at 702-660-7000 or email: Follow the Wealth Talks Podcast on: Instagram: Facebook:...
info_outline
John Morey Real Estate Investor | Episode 456
Wealth Talks
We get to listen to an interview with real estate investor John Morey. John talks about why he bought whole life insurance, how he started out using it wrong. Why he like to use whole life insurance to grow his wealth, and how he teaches other people about how they can benefit from using life insurance and invest in real estate. 0:00 Interview with John Morey 3:41 What is a MEC policy? 5:08 Don't make this mistake with Infinite Banking 20:50 Why starting now is important (visual demonstration) Resources: Follow the Wealth Talks Podcast on: Instagram: Facebook:...
info_outlineRecently there have been some sensational articles in the media suggesting life insurance companies are facing tough times with the financial crisis combined with COVID-19.
Special guest Attorney Andrew Rinn, also the Vice President of Advanced Markets at Ameritas, joins us to share an inside perspective on what’s really happening at mutual life insurance companies right now. It is fascinating to hear how life insurance companies (especially mutual companies with strong cash positions and a low debt ratio) are in a position to obtain nice deals in the current bond market.
Underwriting procedures and virtual research have also been upgraded to minimize paramedic requirements for new policies. Life insurance guarantees are always important - never more so than during these times. It’s good to hear how mutual insurance companies like Ameritas are putting their policy holders first - keeping guarantees strong and recognizing liquidity needs through policy loans.
Thank you for sharing, Mr. Rinn!