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Life Insurance Agent Reviews Massive Cash Value Designs | Lafayette Case Study 

BetterWealth
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In this Coaching Corner episode, our Product Specialist reviews several font loaded designs for Lafayette Life Insurance Company
Ready To Set up an And Asset? Talk with our Life Insurance Experts - www.betterwealth.com/clickher...
Get FREE Overfunded Whole Life Insurance Education and Resources - bttr.ly/vault
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Опубликовано:

 

15 мар 2024

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Комментарии : 45   
@BetterWealth
@BetterWealth 4 месяца назад
Ready To Set up a Design like this? Talk with our Life Insurance Experts - www.betterwealth.com/clickhere-life-insurance Get FREE Overfunded Whole Life Insurance Education and Resources - bttr.ly/vault
@justincoffman4508
@justincoffman4508 4 месяца назад
I’ve had my policy for four years and it’s through Lafayette life! I love it! I think they’re a great mutual company!
@Loongrange
@Loongrange 4 месяца назад
Suggestion for insurance company to look into is Ameritas. They were also present at the Think Tank and support IBC
@BetterWealth
@BetterWealth 4 месяца назад
What company should we review next?
@BenjaminMcCray
@BenjaminMcCray 4 месяца назад
Ameritas
@adventurelifestyle0917
@adventurelifestyle0917 4 месяца назад
New York Life
@cwall216
@cwall216 4 месяца назад
MassMutual and One America
@neilparikh3849
@neilparikh3849 4 месяца назад
New York Life
@youngnmt4690
@youngnmt4690 20 дней назад
New York Life
@mcr7379
@mcr7379 День назад
Amazing content Caleb and Alden!
@BetterWealth
@BetterWealth День назад
Thank you! We have a review of One America dropping next week!
@felipelesmes9451
@felipelesmes9451 4 месяца назад
Hey I'm new to the concept and your videos are great; what do you suggest doing on year 10th when your dead benefits decreased considerably by 3/4 ? that seems a lot; is that when you borrow against the policy ?
@exmennonitebanker
@exmennonitebanker 3 месяца назад
Loved watching this.
@BetterWealth
@BetterWealth 3 месяца назад
So glad you enjoy this convo!
@superboy1661
@superboy1661 4 месяца назад
What do you use to simulate future policy numbers?
@christinagumm6391
@christinagumm6391 4 месяца назад
Knocked it out of the ballpark again Alden!
@PittToNYC
@PittToNYC 5 дней назад
So are you guys saying that once the term rider with Lafayette Life drops off, the death benefit will not drastically drop like I’ve seen with other policy illustrations?
@RG-mi2wj
@RG-mi2wj 4 месяца назад
If I get the cash value from my account, why do I have to pay interest to the company not to me, so it’s just like borrowing from bank
@firecraig
@firecraig 3 дня назад
Because you’re taking a loan from the company. That allows all of your cash value to continue to grow.
@ilobotomiz3436
@ilobotomiz3436 4 месяца назад
Where do you feel like New York Life fits in your rankings for permanent life insurance in cash value focus for WL and VUL?
@firecraig
@firecraig 3 дня назад
Great WL and great VUL. I own both.
@DallinBunnell
@DallinBunnell 4 месяца назад
This was awesome! I didn't know you could do front load with the LPUA and not the SPUA only. I'd love to see this compared to Mass Mutual. I know their term rider works differently, but I don't understand the nuances. Also, Penn compared to Guardian would be cool to see. Also, how do the accelerated benefits compare for health care needs?
@aprilm4423
@aprilm4423 4 месяца назад
What's SPUA and LPUA? I've never heard of over funding....
@DallinBunnell
@DallinBunnell 4 месяца назад
@aprilm4423 "Single premium paid up additions" or "level premium paid up additions." Overfunding means paying into PUAs over the base premium.
@aprilm4423
@aprilm4423 4 месяца назад
@@DallinBunnell Thanks, @DallinBunnell! 💯
@CoachPlaysGames
@CoachPlaysGames 3 месяца назад
I was just quoted a patriot 2022 whole life from Lafayette and my cash value illustration percentages where different than the last example. Just want to know why? The riders where exactly the same. 1. My cash % is around 75 instead of 93% 2. Why is the annual dividend on my 38,357 year 1 3,854 and your example has 100,000 with a dividend of 3,578. Seem like the dividend should be based on percentage of cash value? 38 year old, year 1 25k lump sum with 12,977 minimum annual premium contract premium = 38,357 net cash value 24,454 annual dividend = 3,854 increase net cash 28,308
@MrGenerous_
@MrGenerous_ 4 месяца назад
Can the term rider be removed sooner than 10 years in?
@exmennonitebanker
@exmennonitebanker 3 месяца назад
Yes after year 7. Lafayette even has a 7 year term rider I like to use for front loaded policies.
@johnwebb7163
@johnwebb7163 3 месяца назад
Do you offer contracting for independent agents??
@BetterWealth
@BetterWealth 3 месяца назад
Email me at caleb@betterwealth.com I can connect you with someone who can share details of how we can help independent agents 🙏
@ptc3619
@ptc3619 4 месяца назад
Kirk Cousins!
@advisorandres
@advisorandres 3 месяца назад
Can you mimic this with a Mass policy?
@gloomsdoom649
@gloomsdoom649 3 месяца назад
Dressing better would help with views
@markf.2050
@markf.2050 3 месяца назад
Want better wealth? Look elsewhere for better advice. Investments lead to wealth. Everyone knows that life insurance is NOT an investment. So never buy life insurance as an investment.
@BetterWealth
@BetterWealth 3 месяца назад
We agree life insurance isn’t an investment! Would you be interested in coming on the show and having a conversation about why you don’t like life insurance? We might be able to find some common ground and learn some things from each other!
@markf.2050
@markf.2050 3 месяца назад
@@BetterWealth Sorry. It's not that I don't like life insurance. I don't like cash value life insurance. The way it is sold and misrepresented should be criminal.
@BetterWealth
@BetterWealth 3 месяца назад
Understood! Would be happy to speak about whole life insurance with you as well. Certainly no pressure but I do believe we could have a good conversation if you wanted to come on the show 😁
@firecraig
@firecraig 3 дня назад
@@markf.2050hahaha. Called you out to come on the show and you won’t do it!!!!
@markf.2050
@markf.2050 3 дня назад
@@firecraig Go crawl back underground rock!
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