How to Create Multiple Income Streams with Whole Life Insurance
In this video, Jake and Gino discuss creating multiple streams of income by leveraging a specially-designed Whole Life Insurance Policy. Gino shares his own experience on how he has utilized his whole life policy for multiple purposes, including real estate investing.
The key takeaways:
• A Whole Life Insurance Policy can open up several ways for you to create multiple streams of income.
• Our specially designed policies can offer more flexibility with easy access to your money, unlike traditional retirement plans or 401K plans that lock in your funds for a long period of time.
• You can use your cash value to invest in real estate, creating a passive-income earning asset. (You now have TWO assets: the life insurance policy and the income-producing real estate!) • Additionally, your cash value can be used to fund other big-ticket items such as buying a car or RV, going for a vacation, and much more
• The carriers we use continue to grow your cash value while you use it for self-financing as if you never even touched it!
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