The CONS of Overfunded Life Insurance

Before you get into a strategy like the AND Asset you need to be aware of the CONS of over funding Life Insurance. 

In today's Better Wealth Breakdown, I discuss the CONS of over-funding life insurance. When Life Insurance is set-up and used properly it can be an incredible tool. At BetterWealth when we work with people we are completely honest with the CONS that we face with the AND Asset strategy. Listen as I describe 5 CONS to over-funding life insurance: 1.) Health, some people can’t qualify because of health but there are ways around that 2.) Short Term Cash Liquidity 3.) Premium Payments in policies that work need at least 10k a year 4.) Thinking of the Strategy as an Investment 5.) Short Term Protection and Death Benefit. 

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