Home Warranty Claim Denied? Here’s What to Do?

Welcome in our blog about insurance Guide _USA. Today I am going to address and complete guideline about the question, "What types of life insurance policies are the best?" & who we can buy best and cheap life insurance in USA? Who have cheap and best life insurance plan in USA?.I am going to go guide through different types of life insurance, term of life insurance, permanent of life insurance, whole life insurance Plan, universal life Plan. and I'm going to show you how you can more buy cheap life insurance term and invest the difference on life insurance Gerber plan. Which is my favorite way to go? But I want to guide you to educate the power behind accumulating your money tax-free, reach it tax-free and then when you al-mostly pass away it blossoms and transfers tax-free. How to use life insurance policy for living benefits more than just for the death benefit. I read and learn life insurance plan and different life insurance consultancies of different life insurance co. And I was a big buy of life insurance term and invest the difference life insurance proponent I am try to provide authentic and valid information to everyone for buy the best and cheap insurance quotes. Because the biggest problem with buy life insurance policy term and invest the difference is getting people to invest the difference in a safe atmosphere that passes invest safety and ratio of incentive test. A lot of people don't want to invest money in difference business. So, why did you do all of that? Well, as I would go out and show people the ways of invest behind it. I can describe you more professionally full life insurance Plan and life insurance quote at the time because there was only one life insurance plan with best term or full life insurance Plan and quote in the 1970s. 1980 new life insurance co. was coming in insurance market know as name of EF Hutton This life insurance co. introduce and elaborate, "Why don't we buy the life insurance policy term and invest the difference under the tax-free umbrella. "Now, some of people not educated about life insurance plan and policy. But they feel that life insurance policies and plan are same like cattle animal in the Internal Revenue investment, allowing any amount of money that you buy life insurance. Put in the life insurance policy that the cash value accumulated will increase with markup or dividends tax free because they will find anyone who tries to protect their family, will they be responsible? That if I die and leave my wife with my 4 children. Why would they want to make it difficult to create financial prosperity? if I happen to die. So, I have life insurance plane for myself to make sure that if there was an economic loss incurred by me passing away sooner than later. What we call an untimely death. That my wife would have the difficulty to continue to school educate my children, try out for football things like that. Well, that's why they want to invest money in buy life insurance plan and policy to grow tax-free. That is way for you can access insurance money tax-free? And that's under Section 7702 of the Internal Revenue Code. And when you ultimately do die, it blossoms in value. The Life insurance premiums you paid usually increase and you leave behind a 100 thousand$, a half a million$, a million$, 10 million $ whatever insurances plan and policy you buy. It’s totally tax-free because that way government have no pressure to start welfare programs to take care of widows and orphans and other needy people. Because I say that life insurance is kettle. It's been that way for over a 100 years under Section 101a of the Internal Revenue Code. So, you have life insurance policy and that is where you're just paying the real cost of your chance of dying in any given year. And that's based upon mortality costs. For example, when I was start life insurance policy first installment, there were 4 -30 year olds in the country, 2.13 deaths per thousand. Well, for every Thousand of life insurance person, the cost would be 2$ and 13c So, if you have a thousand of life insurance policy holder under 30 year olds, we all put 2 dollars and 13 cents into a hat. And when 2.1, 3 life insurance policy holder is died at age 30 that year, there is a thousand-dollar life insurance death benefit 2.3 One 3 widows, It’s a real term insurance. Now, it's a little bit more difficult to understand than that. But sometimes insurance person didn't want to pay higher rates of insurance installments. Because insurance policy installments going to up every year. Because to much insurance policy holder died at age 31, 32 and when you will reach at the age 60, 65. In this age more American male are died it ratio is 1/3. So, the cost of insurance installments goes up. That’s where they came out with permanent insurance, where instead of paying the actual cost. There is an insurance policy component in permanent insurance but instead of paying the pure insurance cost your way over paying the actual cost of insurance in the younger years. But later there's a crossover point and then you are under paying in the later years, because you've build up , cash value in the permanent life insurance policy. This issue was highlight 1980 in America cash value is only being credited with maybe.2.5%, & 3.5%. Some companies gave profit in the 6%, 7% and 8 % range. Now, a insurance premier was tax-free because overcharge or extra change is refundable as per IRS system. If the insurance company is charging you this and your chance of dying was only that. That overcharge building up that cushion for when you're older and you don't want to pay higher premiums. That was growing tax-free. They required medical fitness certificate for insurance policy. And so that was a refund, that was tax-free. That’s all there was. In 1980 EF Hutton insurance co, came out with this new ideology, why don't we use life insurance for the tax-free accumulation of money, more for living benefits instead of death benefits?" People want to use this to accumulate their money tax-free. Be able to access income tax free, and then when they ultimately die, it'll blossom in value and transfer tax-free. But you know what? Instead of trying to get this much insurance for the least premium., when EF Hutton came out with this they called it universal life because you could use it for universal applications. If you wanted to use it for a cheap way to buy permanent insurance policy and the economies of your country is going up. But on the other end of the spectrum if you wanted a maximum funded or living tax-free income benefits. You can take the minimum amount of insurance and set the highest premium and it will be a dairy cow. It cuts socks to put money into the IRA with deferred tax or 401 thousand in the market. So there are 3 types of universal life. I love universal life more flexible. I can deposit money and I can skip a few years and not even spend a crown. You can't do that in a lifetime. But at any moment, especially at the end of the day. I have always earned at least a 2 percent higher rate of return to universal life than my whole life. Because I could build it according to IRS guidelines to handle it better with internal returns. In other words, some of the best life insurance policies that exist if you don't credit 8%, you only get 6%. And it will take you up to 90 years to reach an internal return within a 2% rate of return. I can earn 9 and net 8. I can't earn 8, which is the roughest of most life insurance policies. I prefer a universal life. But I can put in the money, stop, jump, make up for lost time or do what I want. We don't have that kind of flexibility in life. For all life is created for the sake of death. Universal life was originally designed for the benefits of life. So take a look at the 3 types I'll explain today. In 1980, when EF Hutton came up with the idea. These contracts are called maximally funded life insurance contracts. And over the course of their lives, they tried to respond and become more competitive. And instead of getting a return of 3 and a half or 4 percent. They have become more competitive with their products, but flexibility is not there. And I usually get a return 2 or 3 percent higher with the same amount of money in universal life. And I can fund it for 4 years a day. Most of the life requires at least 7 years or 7 salaries. Because there were tax quotations approved in 1982, 1984 and 1988. They spelled the abbreviations TEFRA, DEFRA and years, because you've build up , cash value in the permanent life insurance policy. This issue was highlight 1980 in America cash value is only being credited with maybe.2.5%, & 3.5%. Some companies gave profit in the 6%, 7% and 8 % range. Now, a insurance premier was tax-free because overcharge or extra change is refundable as per IRS system. If the insurance company is charging you this and your chance of dying was only that. That overcharge building up that cushion for when you're older and you don't want to pay higher premiums. That was growing tax-free. They required medical fitness certificate for insurance policy. And so that was a refund, that was tax-free. That’s all there was. In 1980 EF Hutton insurance co, came out with this new ideology, why don't we use life insurance for the tax-free accumulation of money, more for living benefits instead of death benefits?" People want to use this to accumulate their money tax-free. Be able to access income tax free, and then when they ultimately die, it'll blossom in value and transfer tax-free. But you know what? Instead of trying to get this much insurance for the least premium., when EF Hutton came out with this they called it universal life because you could use it for universal applications. If you wanted to use it for a cheap way to buy permanent insurance policy and the economies of your country is going up. But on the other end of the spectrum if you wanted a maximum funded or living tax-free income benefits. You can take the minimum amount of insurance and set the highest premium and it will be a dairy cow. It cuts socks to put money into the IRA with deferred tax or 401 thousand in the market. So there are 3 types of universal life. I love universal life more flexible. I can deposit money and I can skip a few years and not even spend a crown. You can't do that in a lifetime. But at any moment, especially at the end of the day. I have always earned at least a 2 percent higher rate of return to universal life than my whole life. Because I could build it according to IRS guidelines to handle it better with internal returns. In other words, some of the best life insurance policies that exist if you don't credit 8%, you only get 6%. And it will take you up to 90 years to reach an internal return within a 2% rate of return. I can earn 9 and net 8. I can't earn 8, which is the roughest of most life insurance policies. I prefer a universal life. But I can put in the money, stop, jump, make up for lost time or do what I want. We don't have that kind of flexibility in life. For all life is created for the sake of death. Universal life was originally designed for the benefits of life. So take a look at the 3 types I'll explain today. In 1980, when EF Hutton came up with the idea. These contracts are called maximally funded life insurance contracts. And over the course of their lives, they tried to respond and become more competitive. And instead of getting a return of 3 and a half or 4 percent. They have become more competitive with their products, but flexibility is not there. And I usually get a return 2 or 3 percent higher with the same amount of money in universal life. And I can fund it for 4 years a day. Most of the life requires at least 7 years or 7 salaries. Because there were tax quotations approved in 1982, 1984 and 1988. They spelled the abbreviations TEFRA, DEFRA and TAMRA. And they make it much easier to finance a universal life policy and allow you to earn an internal return. So for these reasons I am partly for universal life and there are three types of universal life. When EF Hutton first came up with the idea, it was cured. And this is where the insurance company pays you interest only based on their established total portfolio of triple-and double-and-bond accounts. Maybe some debt for shopping malls and skyscrapers. Maybe there may be 15% of the money managed by an insurance company that ranges in the billions. If they want to put money in stocks, they have to use safer stocks. Most insurance companies put only about 5% of their total portfolio in this account. And so in general, a fixed gives you what their income is. And then my favorite indexed. But in the 1990s, variables emerged. Well, I prefer it indexed, but it wasn't published until 1997. That's why I chose it. Fixed and guarantee that you may want 3%, so that's the lowest earnings. But look? Normally I get no less than 4, even though the warranty is 3. But things can go wrong, that's for sure. But since 2000, I have averaged only about 6.3%. If I just say that I pay only what interest, you earn minus about 1% of your costs and so on. But you can see that the highest I got between 1980 and 1990 was about 13 and a quarter percent. And it's great company. But look, in 25 years I've had an average of about seven commas five two. So no taxes. Now the variable that came out in the 90's said, "Hey! Why don't we take the money out of the market and divide the money in our insurance market there and with the mutual funds. Well, just take the guarantee." And so there are times when people lose 50% of the value of their insurance. . And they make it much easier to finance a universal life policy and allow you to earn an internal return. So for these reasons I am partly for universal life and there are three types of universal life. When EF Hutton first came up with the idea, it was cured. And this is where the insurance company pays you interest only based on their established total portfolio of triple-and double-and-bond accounts. Maybe some debt for shopping malls and skyscrapers. Maybe there may be 15% of the money managed by an insurance company that ranges in the billions. If they want to put money in stocks, they have to use safer stocks. Most insurance companies put only about 5% of their total portfolio in this account. And so in general, a fixed gives you what their income is. And then my favorite indexed. But in the 1990s, variables emerged. Well, I prefer it indexed, but it wasn't published until 1997. That's why I chose it. Fixed and guarantee that you may want 3%, so that's the lowest earnings. But look? Normally I get no less than 4, even though the warranty is 3. But things can go wrong, that's for sure. But since 2000, I have averaged only about 6.3%. If I just say that I pay only what interest, you earn minus about 1% of your costs and so on. But you can see that the highest I got between 1980 and 1990 was about 13 and a quarter percent. And it's great company. But look, in 25 years I've had an average of about seven commas five two. So no taxes. Now the variable that came out in the 90's said, "Hey! Why don't we take the money out of the market and divide the money in our insurance market there and with the mutual funds. Well, just take the guarantee." And so there are times when people lose 50% of the value of their insurance. So he has to hurry and pay more money on them. Since 2000, it has been up to eight percent, quite pathetic. There are times when people earn up to 35. But the average is about nine points one four. That's not bad right now, you can't collect nine points for four in a variable. Because they are difficult to drive. Look? Maybe just knitting 7. The reason I like to index is 0 floors. I can't lose a year when the market falls. I am invincible in crashes, in crashes. Let's say zero is a star? When the market goes up, I'll do it and I want to earn thirty-nine points, two to two percent. I have averaged eight points four or seven percent since 2000, and this is not the second strategy I am learning about balance. But look, the average of 25 years is ten points or seven. You will notice that it is about 2 and a half percent higher than indicated. And so I know that my chances of getting a tax rate 2 and a half percent higher than fixed are very likely based on a 25-year history in any 10-year period. So this is my favorite. A few years where I feel we are entering a great recession with a terrorist attack. I can only reverse the indexed policy and adjust the overall portfolio rate on the account until the market turns. And then I can come back, it's called re balancing. And this is where people can change their yield by more than 10%. Or use multipliers or performance factors. And that was explained in the next episode, where I invited my son Aaron to explain. These are the three kinds of universal life. I prefer indexing, but it must be well structured and well-funded to fall from the stocking of the same amount of money as the IRA with deferred tax or 401,000. And people say, "How's that? It pays off." No, insurance costs are a small part of what most people pay sooner or later for income tax on other types of investments. I hope it helps you understand the difference between term and permanent insurance, full life insurance, variable, index and fix. You could say that my favorite is the universal life index. However, it is important that it is well structured and well-funded. This inspired us to write our 11th book. I call my Max Bennett insurance policy a "LASER Fund" because it passes liquidity security and rate of return tests if it is properly regulated. So in this book, we discuss how you can know if the 1 the counselor is proposing to you is in the correct order. And you can easily tell if they understand and understand. In fact, people who read this book know more than 99% of insurance agents as financial planners. and have a chance. I'll send it to you for free. It's 300 pages of information and you only pay the nominal postage and packing. And you have several options, whether you want an audio version like digital or some mini class. But the first thing I want is for you to have a copy. If you're interested and want to go deeper and understand, "For God's sake, how does it work and what are the historical rates of return?" Although different than I will show you here. It's about you and your future, not me. I've done all this before. Because I've been learning hard, I want you to avoid the mistakes I've made. And you will be where I am first, and thanks to these strategies, I am not in a bad state. I want you to improve.

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