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892: Friday Q&A: Financial Coaching, Canada, Tax Planning, Franchise Business, Car Leasing

Radical Personal Finance

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How to Make Money on a $1,000-a-Year Life Insurance Policy

The commission rate on a $1,000-a-year term policy is somewhere between 50 and 100 percent of the first-year premium. The same guy who will pay a thousand bucks to buy some life insurance that he wants will very rarely go out and spend $250 an hour on advice. People don't do it. If you can sell something as simple as a life insurance policy, you can make vastly more money vastly quicker.

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