Life Insurance 101 (WATCH THIS BEFORE YOU BUY)

Video quality	The size	Download

Information Life Insurance 101 (WATCH THIS BEFORE YOU BUY)

Title	:	Life Insurance 101 (WATCH THIS BEFORE YOU BUY)
Lasting	:	22.34
Date of publication	:
Views	:	66 rb

When you buy an IUL you’re buying an ART (Annual Renewable Term) policy Where the insurance component cost goes UP EVERY YEAR You probably didn’t know that, or if you knew, you are terrible as a financial person
Comment from : Alexmike

good
Comment from : Mohamed Mahmoud

Thank you
Comment from : Darnell Lewis

Thank you for sharing this information It was extremely helpful in understanding life insurance I’ve been researching for weeks and you’re video was more helpful than all the others I watched COMBINED! And I watched a lot of ‘em smh
Comment from : Serkadis Krohm

So much knowledge dropped, thanks
Comment from : India Callwood

10:08
Comment from : Jairus Lovell

Good basic information brHowever, for those who are considered WLI, most policies are written in a way that you cannot receive the cash value at maturity, which is unfortunate, but that's the way the industry is run For growth, there are likely better ways to invest than paying the high premiums and receiving a fixed dividend
Comment from : pyrrhical

Thanks Rose! What makes NLG more powerful and efficient than New York Life?
Comment from : Macaraig Residence

My mom is 72 with diabetes what company would you recommend for her ??? Thanks
Comment from : redbeacon

Great video! Very informative 😊👌 It's important to educate ourselves on life insurance options
Comment from : Rachal Aronhalt

This video gave me clarity! 🙌 I appreciate the simple and concise explanation 💯
Comment from : Emilie Zilahi

@RoseHan & viewers - be extraordinarily careful of the so-called financial gurus like Dave Ramsey and Suze Orman, who frequently misstate the facts, are not licensed & professionally educated on various topics
Comment from : Thomas Cassidy

Amazing Rose! I have my policy with PacLife because of the 27 multiplier! So thankful you POSTED THIS VIDEO!!
Comment from : Jacob D Verde

Hold up—do you have a life license and financial securities license? They’re state and federally regulated licenses (foe good reason!!) and I have both Biting my tongue here, shocked at the misinformation being spread and all
Comment from : Jen G

if you're a certain age, do you have the option to still do term life? I was automatically shifted to whole life when I turned a certain age
Comment from : Kae Ro

Thank you Rose it was eye opening I had insurance but I wasn’t sure what kind it was
Comment from : Charles Majwega

Here's what the young lady in the video didn't tell you: Whole Life insurance cost (at least) 20 times more in premiums than term Salesmen love selling this garbage because of high commissions compared to term Oh sure, you're promised an ever lasting policy and a growing cash value, but here's the truth The cash value grows (after fees/commissions) at about 15garbage The only way to get money out of your cash value is to BORROW against it while paying the insurance company an interest (6) to borrow against your own money Does that really sound like a good strategy? Plus, when you die, your beneficiaries only receive the death benefit THE INSURANCE COMPANY KEEPS YOUR CASH VALUE Indexed Universal Life (IUL) is also a scam She's wrong stating it gets invested in Index Funds The insurance keeps your money and pays you what the index fund mirrors Plus, the fees/commissions are crazy ridiculous and your gains are capped And, unless you purchased a Paid Up Addition (PUA) your cash value is kept by the insurance company Very little IULs make money because of all the fees/commissions eat up the cash value leaving you out of pocket costs to cover the ever increasing term Stay away from permanent insurance It's a scam
Comment from : astroman30

Thank you! Very helpful n good Ur presentation n explanation are greatbrYou convinced me n assuaged my fears about Whole Life (Dave ramsey says they're scams)brI'm getting my Whole Life Insurance today!!
Comment from : Lynn Burke

Which company do you recommend?
Comment from : Kar

🥳🥳🥳
Comment from : Shawn Watson Davis TV

Life Insurances are bullshit
Comment from : President Evil

What if you buy term and mutual fund investment vs perma insurance? Which is better
Comment from : Jason Kim

Helpful videothank you 🙏🏽Initially had IUL and years later switched to WL IUL have exponently increasingly COI (Cost Of Insurance) which kills the Compounding effect
Comment from : Jean Nicolas

Permanent Life insurance is a controversial topic I have heard different things/have different recommendations The cash value portion/living benefits portion is nice to have for emergencies from experience having my own and seeing a family member use it It grows separately from the death benefit and you can borrow it to pay for anything like medical treatments etc You can add an accelerated death benefit rider and it would subtract anything you owe for cash value from the death benefit IULs allows dependents to keep that cash value portion when the insured dies For whole life insurance the cash value goes to the company There's so many different types of insurance out there and it confuses people
Comment from : Peppermint

I just booked an online consultation with yayir Looking to get more knowledgeable on this Thanks for this informative yet digestable video
Comment from : Tangos Tech

start with a term and if you live that far out 30 years in your 28th year plan for a permanent
Comment from : Ahsan khan

Permanent life insurance is a scam After listening to many people, it’s not good
Comment from : CONNECTING THE DOTS

Hi, how can I get an IUL policy?brWhich company should I go to to get a policy coverage?
Comment from : Alan MDR

You paid your student loan two years ago as of today September 2022 Have you look at “THE BIDEN ADMINISTRATION’S STUDENT LOAN DEBT PLAN”
Comment from : Helssin Ortiz

You're a great teacher thank you
Comment from : Sonny Piston

you seem to be purposely avoiding bringing up the concept of a "spouse" in all of your examples and statements this and other videos too
Comment from : Jatin Shetty

am I mistaken or for whole life insurance, does ur investment that's been building and gaining interest not go to ur family if u die?
Comment from : Jonathan Brannan

Permanent Life Insurance is a terrible investment Low returns and high premiums You should be getting term and invest the rest in a good stock
Comment from : lucus lopez

Can u make a video comparison on which Life Insurance Company is the best? I’m also looking at the Indexed Universal Life Thanks to your channel, i’m learning so much
Comment from : Veni Vidi Partita

3 Reasons why you shouldn’t do permanent insurance that includes cash value: br-There are 0$ in your cash value for at least 4 years before your money start accumulatingbr-When you finally do start accumulating money in your cash value and you want to withdraw, you have to pay your money back WITH interest Wowbr- Your beneficiaries can not get both the death benefit AND the cash value So you wasted your money on a cash value… nobody but you can touch, that sucks
Comment from : The AJ Verzus

???
Comment from : Amaree Whiley

Westfield mall SF
Comment from : Amaree Whiley

THanks for Shear
Comment from : Man Thongai

Thinking of disability insurance in case
Comment from : G B

Thank you for this video! I’m currently researching what life insurance is and has no idea where to start but you summarized everything so well!!
Comment from : Steven Duong

Great information
Comment from : ladynefertitibk

I am a life insurance agent and I will say a lot of what this video talks about is absolute garbage Simply put, if you have a need for life insurance, get term life insurance Don't ever get permanent life insurance, EVER People that get permanent life insurance are what we call in the insurance industry "suckers" Permanent life insurance is very very very expensive and the idea of using it because of "tax advantages" is the stupidest thing ever If you want to make an insurance company rich, get permanent life insurance
Comment from : Kenneth W

One thing I would say is I completely disagree with your debt argument You want productive debt on valuable hard assets like a home What you do not want is predatory debt like credit cards, student loans, and car loans Productive debt , if done right, makes you 8-40 a year cash on cash returns
Comment from : A F

I'd eat it
Comment from : DoubleJabSlipRightHand

Late bloomer here I bought my policy after 40, so permanent insurance was way too expensive I bought a term policy that was a third of the cost of permanent My wife bought a permanent policy in her early 20s, so she's paying very little and getting so much more Listen to Rose, kids Jump on this ASAP!
Comment from : Erik Stone

Why pay premiums on something that will probably never pay out Better off using money saved from paying premiums invested and after 30-40 years of accumulating your beneficiaries can just inherit that instead? Best to streamline all investments into the one account to avoid doubling or tripling the costs, fees you pay
Comment from : Strider

Hi Rose 👋 Wow your video is really wonderful!!!! It helped me understand a bit more about life insurance I'm almost in my fifties and don't have any life insurance yet, but do plan to do a term life insurance It's just hard to choose a company You gave great tips on what to look for in a companybut do you have any recommendations besides National? I was looking into AAA and Prudential but I'm not sure yet
Comment from : nicole9296

My grandmother paid for whole and term life for 60 years Payments were roughly $200 monthlybrbr She died of COVID and both claims were denied saying COVID death is NOT covered brbrLife insurance is the biggest SCAM in history and 90 of claims are NOT paid out
Comment from : Penny Wiser

You are the best explains this things!! Thank you so much! 😍
Comment from : Paula

Rose, I absolutely love your videos They are so useful I have been thinking about getting life insurance for a while now I had no idea about the difference types of life insurance I do not have or plan to have kids but do take care of my elderly mother, who is basically my dependent This video has given me a lot to think about Last year my sister passed and I was the beneficiary on her life insurance With the money she left me, I will be able to realize my dream of owning a home as I am using the money for a down payment I never thought about life insurance before that But it's a great thing to have for a loved one It was so generous of her and I'm so touched she wanted me to be taken care of I thank you for your videos, and for all you do to help us learn about these important topics
Comment from : Becky Plant

Very relevant and helpful thank you for all you do and for the excellent editing!
Comment from : Cara K

What happens if I can’t invest in a permanent one right now but want to later and when I do, it’s still during my 20 year life insurance period? Will I be paying for two life insurance policies?
Comment from : Damn Tasty Vegan

🤦‍♂️
Comment from : 14575552dgtrt

I didn’t know about the investment side of life insurance Thank you Rose for sharing your knowledge with us
Comment from : IDS

If you liked the returns of the stock market, what did you not like about variable universal life?
Comment from : itzyaboikdo

Seriously the best financial youtube account ive found thats straight to the point, explained in a way I understand and very helpful!
Comment from : D

Thanks for all the detailed information you have provided in this video I like your way of explaining every point Keep sharing such great videos in the future also
Comment from : Denny joseph

Hi Rose Do a video with the real numbers and details on your policy? 😉
Comment from : Yasel Cruz

can the monthly investment you make in IUL insurance be with pre-tax dollars? or it'll have be with post-tax dollars just like a Roth IRA, and only the growth is tax-free?
Comment from : Rushan Ahmed

Rose, You are the absolute best! Learned a lot form ya :)
Comment from : GuitaristuB

Hi Rose, great content, I have IUL,but want to point out that IUL didn’t invest in stock market, it buys options for the floor and cap, in general account VUL invest in securities
Comment from : Cong Gao

What if I don’t have any dependents? Should I consider getting it?
Comment from : slofi beats AESTHETIC PERSONAL FINANCE

Can you make more videos about life insurance? Maybe your agent can chime in I actually got the same insurance as you at age like 24 before getting all the other things done Almost feels like a mistake and I don’t completely understand my statement or how it will make me money My cash value is less than my contributions 😟
Comment from : Stephany D

My father worked for an insurance company and told me how badly people got scammed on whole life policies Please buy term and invest the difference
Comment from : Walter Heisenberg

I have sold insurance and managed insurance sales teams I only have term cover and will never buy any form of permanent insurance I recommend that you do the math VERY carefully before committing to permanent cover
Comment from : Nick Abbott

Very informative video! I learned a lot I was unaware of
Comment from : shmhdckns

I am glad that you cover this topic I will forward this video to my coworkers
Comment from : H Lee NP

So ironic I just listened to the Volatility Shield on Audible
Comment from : Susan Lange

you can have multiple retirement account? 😱
Comment from : Beowulf Arsene

Hi Rose Will you marry me?
Comment from : Chad Jones

What are your thoughts on the infinite banking concept?
Comment from : Mat Yuriditsky

I just watched Raya and your hair reminds me of Awkwafina’s hair in human form My new favorite Disney movie 🐉
Comment from : tongcollect

Smart and beautiful as always
Comment from : B

Just don’t get whole life, and right size your term policy
Comment from : Clued In

There is also something called Perm Term which has no cash accumulation but will have a death benefit til the day you die This is really helpful for those who don't like/understand/want a permanent policy with the cash account component
Comment from : Gail Longenecker

Let's get married!
Comment from : Aaron Powell

Thanks you … you explain it so perfect… Just as if you are talking to me
Comment from : Kids Naydie

Rose Your video got me thinking Im low income and have no money but need life insurance to at least put me in the ground Im elderly 61 yrs old have health issues COPD can you direct me to something really cheap so my only child and adult can bury me?
Comment from : Jacqueline

Wow!!! You made me see just how poor I really am I can't imagine having money to be able to do this
Comment from : Jacqueline

After expiration of a term life insurance, can you still get the money or is it permanently gone?
Comment from : gold9ja

I got the military SGLI not that I plan on dying any time soon
Comment from : Florian G

Thanks Rose for making this video
Comment from : Maulik Dave

Rose, you are awesome! So helpful I’m literally binging all your vids and taking notes along the way I have 2 questions about life insurance 1) didn’t you say the premium would decrease over the years? Or did I misunderstand that? I ask bc you have an example where you pay the same amount every year so I wasn’t sure which one was correct 2) If Life Insurance gets more expensive the longer you wait and if there’s a higher cap on what you can invest, why should I max out my Roth IRA before this? brThanks again Rose!
Comment from : wanetah

Hi Rose, this is a timely video for me! Thank you for covering this! Can you do a video how exactly to take loans (process, what to be careful of as to interests etc) out of it, and what you would do with the loan to build your wealth I love your down to earth and real person perspective, and relatable advices! Thank you!!
Comment from : Yoko Ikeda

thank you for this video! But I have a question when you gave an example in (15:25), how can you contributed less if you started at 0 versus if you started at 31? don't you contributed more money if you started earlier?? maybe i'm missing something here?!
Comment from : Gordon C

Rose, does your policy have Living Benefits?
Comment from : Hector Morey

Rose spitting facts IUL is best wealth building tool that nobody knows about 100 tax free
Comment from : Ryan Nutt

The index universal life insurance was very interesting and attractive especially for young people, however when I looked into it I realize that the premium/fee for the insurance part will continue to increase even if it is exact same fee every month or not, so the amount that goes to the investment will decrease in time? could you please explain that because if that’s the case it’s really not beneficial?
Comment from : Zeena

Thank you SO much rose! Really appreciate you!:)
Comment from : Richard Ilfraim

Great vid! I also have an NLG IUL Good hedge after 401k/IRA/HSA/stocks etc Plus next time the market crashes, can pull tax-free money to buy cheap assets 🤑🤑
Comment from : Wai Kit Ho

I don’t understand the cash value aspect for term life insurance? I thought only whole life insurance has a cash value you can take out? Your beneficiaries can’t actually take out cash from term life insurance unless you die correct?
Comment from : Steven