How To Maximize Cash Value Inside Whole Life Insurance | Term Riders Explained

[@AndAsset]

Want a Whole Life Insurance Policy Like This? Click Here: bttr.ly/aa-yt-clarity Want Free Life Insurance Education & Resources? Click Here: bttr.ly/yt-aa-vault

[@BetterWealth]

Demetrius and Alden making content together is a chef's kiss🤌

[@AndAsset]

@@BetterWealth An unstoppable force meets an immovable object… but they work on the same team 😆

[@joelrobertsonmusic]

The collaboration I’ve been waiting for

[@cwall216]

Great info guys

[@antlbeal0165]

Demetrius…the man…the myth…the legend!

[@AndAsset]

@@antlbeal0165 we got some heavy hitters today!

[@DemetriusWalker]

Haha I appreciate it, man!

[@TheMrg59]

Is the future premium rate for the annually renewing term, and the annually renewing portion of the blended term, fixed and known as of the illustration? Or is it a future assumption based on today's rates, similar to showing future dividends in the future? Basically, is this introducing an element of future risk if the company raises premium rates for that term in the future?

[@AldenArmstrong]

Annual renewable term cost is known, per dollar of death benefit, day one. It just increases in cost per dollar over time on an exact scale. Depending on the carrier, blended term may either have a set cost day one (like level term) or have a set increase year to year like annual renewable

[@jmlndz2186]

On your first two illustrations, at what year of the policy would the cash value using the blended term catch up with the others?

[@AldenArmstrong]

Its case specific but usually between years 5 and 10

[@ranauldogreer2711]

Is the blended Term the same as Convertible Term?

[@AndAsset]

No, "blended term" is not the same as "convertible term" in life insurance; while both involve combining elements of term and permanent life insurance, a "convertible term" policy allows you to switch your temporary term coverage to a permanent policy later on, while a "blended term" policy essentially mixes both term and permanent coverage from the start, offering a hybrid of the two features throughout the policy's life.