The Prosperity Podcast Life Insurance For Children - Episode 266
Aug 7, 2018
16:38
Kim and Spencer talk about life insurance for your children, when you should get it and how much you should spend on a life insurance policy.
Tune in with Kim D. H. Butler and Spencer Shaw to find out how to take control of your finances today. Do you have a question you would like answered on the show? Please send it to us at hello@partners4prosperity.com and we may answer it in an upcoming episode.
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Show Notes
- Kim explains to us when you should get life insurance for children - 1:01
- What’s the act of saving - 2:40
- Kim explains to us what is the life insurance premium - 2:58
- What is the liquid cash value account? - 3:51
- Kim tells us how much you should spend on a life insurance policy - 5:02
- What is "The Rule of Thumb" - 7:20
- Kim explains to us what is the Human Life Value - 8:12
- Needs analysis and human life value - 10:12
- Why a life insurance company could decline you?13:18
- Kim tells us about the "Net-Net-Net Return" - 14:40
- The importance of buying a life insurance policy for your children -15:09
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