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The Prosperity Podcast

505 EpisodesProduced by Kim D. H. Butler and Spencer ShawWebsite

Take control of your money. Join Kim D. H. Butler, best-selling financial author, and Spencer Shaw, as they use their prosperity mindset to utilize wealth-building tactics. Learn about the 7 Principles of Prosperity and how to make your money work as hard as you do.The Prosperity Podcast is the pers… read more

16:41

Life Insurance 101 - Episode 009

Our hosts are back in this episode of The Prosperity Podcast to answer all of your life insurance questions. “No BS Money Guy,” Todd Strobel, and best-selling financial author, Kim D. H. Butler instruct listeners in Life Insurance 101.

Answering common questions, Kim and Todd clarify differences between types of life insurance, and give listeners sound insurance advice. They explain the many different ways we can use life insurance, and which types are the most ideal for different situations. This truly is a life (insurance) lesson you won’t want to miss!

0:19 – Welcome 0:42 – Common questions regarding life insurance 1:00 – What to do with your cash? 2:00 – The oldest life insurance product 3:40 – Clarifying whole life vs. term insurance 6:10 – Summarizing functions of life insurance 7:07 – Convertible term insurance 9:31 – Term/whole life hybrids 13:49 – “In force” illustrations 15:10 – Kim’s last thoughts

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