We just watched two big banks fail - Silicon Valley Bank (SVB) and Signature. Bank failures happen quite frequently, but the failure of SVB and Signature heralded the largest bank failures since 2007-08.

With the failure of these banks, one may wonder how safe life insurance companies are. What happens when an insurance company goes broke like AIG did in 2008? Find out on Wealth Talks.

We’ve been gaslighted a lot by our government over the last few years. Remember how often we were told “Follow the Science” or “Don’t question the Science”?

Of course, questioning the science should only improve the science, but this can also be dangerous as Galileo discovered with his famous experiment, for which he was persecuted.

This can happen in other areas of life too, even when it comes to financial promotions. Getting gaslighted or even ghosted are part of life and this won’t be changing anytime soon. When you tune your discernment to pick up reality from noise, then you can make decisions to improve your life and your financial results.

Many people don’t understand how much they need life insurance. Many people are pitifully under insured while some don’t have any insurance at all! Forget about the many living benefits life insurance can provide, the death benefit of a life insurance policy can make all the difference in the world to the ones left behind when someone passes. In this episode, find out how much you need life insurance, not for yourself, for the ones you love.

Would you use your cash value to become a pilot? Start a business?  Buy a vacation home? What would you do if your home was flooded? Or if someone drove through your front window? Or if you lost your income and couldn’t make the car payment?

In this episode, find out how our clients use their cash value to take advantage of opportunities, or face financial difficulties.

Some people only have life insurance to provide a death benefit. Many of them never realize life insurance can provide benefits while they are still living. This is sad because using the life benefits of a policy could make their life so much better and more enjoyable, while still providing a death benefit for their loved ones when they pass. In this episode, you will discover the life benefits of life insurance, and how to use them.

Resources:

Time Value of Money - Policy Loan Financing Example
How Life Insurance Works - YouTube video with Gracine McFie
Winning Your Financial GAME book & study guide