
Insurance part 1 - disability and life insurance with Joe & Kristen Fazio
beyond MD with Dr. Yatin Chadha
00:00
The Differences Between Participating Life and Universal Life
Term 100 is essentially a term insurance contract that has guaranteed level cost of insurance through the age 100. All these types of policy are really, really important for estate planning issues. When they're designed properly on a joint last to die format, what that means is we ensure husband and wife under one contract for the death benefit is paid on the final death. And it really helps to create a very sizable estate and to eliminate or not eliminate but to mitigate taxes on the estate.
Transcript
Play full episode