An analysis of both the old & new Best Whole Life policy for infinite banking given the mandated 7702 changes that must be implemented by 12/31/2021. See whether you're better off acquiring the old Whole Life product before it goes away, or taking this newly released product.
See the difference between cash value & death benefit at the current dividend rate as well as the guaranteed rates. Our analysis includes several different age, health, and gender scenarios.
Timestamped Chapters:
0:25 - A recap of Penn Mutual's old WL product vs. another big mutual's 10/90 product
1:37 - Male 45 Preferred, 20k for 7 years - full comparison of Penn's New vs. Old vs. New 10/90
2:32 - Male 45 Preferred, 20k for 7 years -- Focusing on the Death Benefit and Guaranteed Column
4:09 - Male 49 Preferred Plus, 100k for 7 years, then RPU
6:22 - Male 60 Standard, 40k for 7 years, then RPU
7:43 - Male 60 Standard, 40k for 7 years, then offset
8:47 - Female 38 Preferred, 50k for 7 years, then RPU
10:10 - Male 1 Standard, 8k for 17 years, the RPU
11:57 - End of year underwriting logistics
Schedule your own appointment to let us show you how your numbers play out with the new and old policies:
https://bankingtruths.com/schedule-an-appointment
===============================================
To learn more about what makes the best Whole Life product #1 (before it's gone):
https://bankingtruths.com/best-dividend-paying-whole-life-insurance-for-cash-value/
================================================
For more in-depth ARTICLES & VIDEOS on using Whole Life as your own bank or retirement vehicle visit:
https://bankingtruths.com/whole-life-articles/
================================================
Click here to subscribe to our channel with ongoing videos on this banking concept:
https://www.youtube.com/c/Bankingtruthscom
Have questions or insights?
Type them into the comments sections below…
0 Comments