Watch the  CNBC inter­view video below about how Whole Life Insur­ance is a safe asset that should be con­sid­ered for your port­fo­lio. You can be sure of a beyond decent return.

It is now an asset class for the gen­eral pub­lic. It has always been for banks, cor­po­ra­tions and col­lege endowments.

Click here to view video

9 rea­sons to add whole life insur­ance as one of your assets, accord­ing to the CNBC interview.

1. High Rates of Return.

2. Mor­tal­ity is reces­sion proof.

3.Tax Free Gains.

4. Not cor­re­lated to stock market

5. Can be used for Charity.

6. Safe bet long term invest­ment with

7. high inter­est rates,

8. vir­tu­ally no volatil­ity and it has

9. a lot of liq­uid­ity dur­ing your lifetime.

Whole Life Insur­ance is not bad if you under­stand how it works.

Why I offer one spe­cific patented designed Div­i­dend Pay­ing Mutual Whole Life and NOT Uni­ver­sal Life or Equity Indexed Uni­ver­sal Life for the best ‘liv­ing ben­e­fit’ asset?

1.  UL & EIUL have too many mov­ing parts and they are tied to the fluc­tu­at­ing mar­ket index.

2.  They have not been around long. Whole Life has been around for over 150 years.

3.  Top 3 largest insur­ance com­pa­nies do not offer UL or EIUL because they are too risky. Banks shift risk away from them­selves, so do what banks do. The insured is tak­ing on the risk with these policies.

4.  Again, Do what banks do – one of their base reserves or tier one assets is cash value mutual life insur­ance poli­cies, because they are safe and secure.

5.  Most impor­tantly – UL & EIUL do not offer paid-up addi­tions which are what dri­ves the best choice insur­ance policy’s growth. If you bor­row $25,000 from a UL pol­icy and then pay your­self back, you get no addi­tional PUA, insur­ance which is paid up for life with a one time pre­mium. This is what dri­ves the WL pol­icy set up for banking.

6. C.O.I. Cost of insur­ance. With UL the cost starts low but gets more expen­sive as you age which becomes a drag on the cash value over time, and usu­ally causes the pol­icy to lapse at the age you need it most. A lapsed pol­icy can cre­ate a tax bur­den right when you can least afford it.

7. Div­i­dends are based and paid on the Face Amount with WL, not the Cash Value which is a lower amount until age 121. Who earns the div­i­dends with a UL pol­icy? The stock hold­ers. Who earns the div­i­dends with a WL with a mutual com­pany? The pol­icy owner.

8. Lastly, there are just too many “if’s”. This is guar­an­teed “if”. That is guar­an­teed “if”.

Uni­ver­sal life is a con­tract that shifts almost all the risk to the insured. As you read the con­tract or even the illus­tra­tion, take note of the many times “if” is used. When there are guar­an­tees, note that they are con­tin­gent on some sub­tle but dan­ger­ous “ifs”. If all pre­mi­ums are paid. If all pre­mi­ums are paid on time. If all loans are paid. If all loans are paid on time. The results and sta­bil­ity of the con­tract has its own “ifs”. If mor­tal­ity expe­ri­ence remains con­stant. If mar­ket rates per­form as expected. If  man­age­ment and oper­a­tion cost remain the same. Where is the risk to the insur­ance company?

Now if all these areas remain the same then the owner is free of wor­ries right? Wrong! The cost of this insur­ance per thou­sand goes up each year it is owned! Look at an illus­tra­tion and find the word LAPSED. It means just what it says. After a life­time of pay­ing pre­mi­ums, when a per­son is most likely to need it, they have no insur­ance! If that per­son has used the pol­icy to bank with, they most likely cre­ated a tax bill by laps­ing the pol­icy when they can least afford it.

Call me and I will show you how the math works for prov­ing the cost of insur­ance increases annually.

The insur­ance pol­icy I offer has three major unique advan­tages you will not find any­where else.

1.  How do you make the most of your pol­icy as your own bank­ing sys­tem?  We have a unique edu­ca­tion sys­tem. We per­son­ally train and edu­cate you and direct you to the most edu­ca­tional resources. We stay in touch and sup­port you for a life time either monthly, quar­terly, semi annu­ally or yearly, it is your choice. We work with experts in the finan­cial field who are also uti­liz­ing their own bank­ing sys­tems. And the com­pany we use to ser­vice your bank has cre­ated an awe­some soft­ware for the clients to know exactly what is going on in their pol­icy with loans, etc.

2.  Our company’s Max­i­mum Cash Accu­mu­la­tion solv­ing soft­ware pro­vides 60% cash value from day one of your pol­icy. This is such a huge advan­tage. Reg­u­lar poli­cies offer zero cash value for 2 years and a few hun­dred in years 3 or 4.

3. We also offer the capa­bil­ity of enhanc­ing this spe­cific pol­icy with the award win­ning soft­ware sys­tem for finan­cial guid­ance and track­ing with life­time, live help from an award win­ning company.

Call me today or com­plete our  Con­fi­den­tial Ques­tion­naire. At least take a look before form­ing an opin­ion based on hearsay, spam or your past expe­ri­ence. (845) 649‑7487.

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Nel­son Nash’s Thoughts On Uni­ver­sal Life And Vari­able Life

Uni­ver­sal Life was invented in the early 1980s by E. F. Hut­ton, a stock bro­ker­age firm that, in my opin­ion, knew noth­ing about life insur­ance.  Remem­ber the tele­vi­sion com­mer­cial, “When E. F. Hut­ton speaks, every­one lis­tens.”  Have you heard him say any­thing lately? They don’t exist any­more! UL was noth­ing more than “one-year term insur­ance with a side fund of an interest-bearing account.” It was an attempt to “un-bundle” the sav­ings ele­ment and the life insur­ance ele­ment of a whole life pol­icy — some­thing that can’t be done, if one under­stands the con­cept of whole life insurance.

This hap­pened dur­ing a time of high inter­est rates and it “looked good” in the early years of the pol­icy. When I first saw the pol­icy I ran some illus­tra­tions and they kept “falling apart” when the insured attained age 65 to 70. The cost of one-year term became pro­hib­i­tive at the advanced ages and “ate up the cash fund” from that point for­ward. There­fore, I never sold one of them when I was in the busi­ness — and I surely wouldn’t buy one!

Next came Exec­u­tive Life out in Cal­i­for­nia. They made a “big splash” in the busi­ness and ulti­mately went broke. I under­stand that pol­icy own­ers actu­ally lost money with their policies.

Does the name, Michael Milken, mean any­thing to you? He did prison time as a result of his finan­cial shenani­gans. Would you guess where he was sell­ing all of those “junk bonds?” If you replied, “Exec­u­tive Life,” then go to the head of the class! Would you like your finan­cial future in the hands of peo­ple like that?

Lastly, there came Vari­able Life, invented by Equi­table Life Assur­ance Soci­ety. It was noth­ing more than one-year term insur­ance with a side fund of a mutual fund. There are more mutual funds than there are stocks. No mutual fund is any bet­ter than its man­ager. The great pre­pon­der­ance of mutual fund man­agers had never seen a down-turn in the mar­ket until the recent one.

I sug­gest that you read THE TRUTH ABOUT MUTUAL FUNDS. Then read THE BATTLE FOR THE SOUL OF CAPITALISM by John Bogle, the orig­i­na­tor of The Van­gard Fund. These two books are vital to the under­stand­ing of what goes on in that indus­try. Also read PIRATES OF MANHATTAN by Barry Dyke. Upon com­ple­tion of these three books you should be ade­quately informed to make an intel­li­gent deci­sion as to whether you should con­sider Vari­able Life.

I was with Equi­table Life when Vari­able Life came on the scene. I never sold one of those poli­cies — and I would never buy one. I do not rec­om­mend its use for the Infi­nite Bank­ing Concept.

The tragedy of our times is that the life com­pa­nies never spent any time on under­stand­ing Dividend-paying Whole Life Insur­ance and teach­ing the buy­ing pub­lic its char­ac­ter­is­tics.

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