Jun 18, 2022
11:43:14pm
11:43:14pm
Most life insurance companies will tell their agents whole life is Rolls Royce
And term life insurance is a Honda Accord.
And most life insurance agents buy into that because they're told that. In reality whole life is just expensive life insurance.
If you owned a life insurance company would you rather collect $30 a month for $500,000 of liability or would you rather collect $300 a month for $500,000 liability?
And most life insurance agents buy into that because they're told that. In reality whole life is just expensive life insurance.
If you owned a life insurance company would you rather collect $30 a month for $500,000 of liability or would you rather collect $300 a month for $500,000 liability?
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- SoValleyCOUG
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6/17/22 5:01pm
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6/17/22 5:42pm
6/17/22 5:01pm
I always hear this but never hear those situations, could you or someone else explain a hypothetical where it works?
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6/17/22 6:46pm
Ask him: "With respect to your advice on this whole life policy, are you a fiduciary?" and post his response here.
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6/18/22 10:09pm
The exact commission paid to the agent on the contract should be a disclosed line item on the contract.
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