Can you use whole life insurance to pay off debt? In this real case study, Caleb Guilliams and Denzel Rodriguez ( @DenzelNapoleonRodriguez break down how a properly structured whole life insurance policy was used to pay down $140,000 in student loan debt. We walk through real numbers, cash value, policy loans, interest rates, and when this strategy actually makes sense and when it doesn’t. Want a Life Insurance Policy? Go Here: https://bttr.ly/bw-yt-aa-clarity Want FREE Whole Life Insurance Resources & Education? Go Here: https://bttr.ly/yt-bw-vault Want Us To Review Your Permanent Life Insurance Policy? Click Here: https://bttr.ly/yt-policy-review 00:00 Whole Life Insurance Case Study: Paying Off Debt 01:46 Life Insurance to Pay Off Debt 03:55 Pre-policy Parameters 06:53 Rules for Borrowing Against a Policy 08:28 Debt Repayment vs. Starting a Permanent Policy 10:37 Convertible Term Insurance and Debt Snowballing 13:01 High-Interest Debt and Whole Life 16:28 Denzel's Case Study: 22-Year-Old Female with Student Loans 19:26 Student Loans in Forbearance and Interest Capitalization 24:50 When Using Whole Life to Pay Off Debt Makes Sense (and When It Doesn't) 27:03 Comparing Debt Payoff Strategies 31:07 Leveraging Whole Life to Pay Off Debt 34:25 Cash Flow and Debt Repayment 38:52 Leveraging Borrowed Money to Fund Whole Life Insurance 50:45 Importance of Personal Growth and Certainty 55:50 Final Thoughts ______________________________________________ Learn More About BetterWealth: https://betterwealth.com ==================== DISCLAIMER: https://bttr.ly/aapolicy *This video is for entertainment purposes only and is not financial or legal advice. Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.
