Top 3 Reasons to Invest in a Life Insurance Policy | TTC's Daily Tip's #42
In this episode of the daily tip, Pete talks to us about why you should invest in an insurance policy and the benefits from that. 1.) Obviously, if you die your beneficiaries get TAX-FREE money. 2.) If you become critically, chronically, or terminally ill, the money can be utilized while you're alive to pay for said expenses and the rest of the money will be paid out upon your death. 3.) My favorite benefit, the cash that accumulates within these policies can be used while your alive. you can use them if you have a financial emergency you can use it to fund maybe a tax-free retirement for yourself, or let's say you hit the lottery and you don't need the policy anymore, you could just cash it out. FOR MORE GREAT CONTENT CHECK OUT OUR AWESOME FACEBOOK GROUP!