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Are you trying to decide between term life insurance and cash value life insurance? This video breaks down the key differences, including coverage, costs, and benefits, to help you make the best choice for your financial future.
✔️ Term Life Insurance: Affordable and straightforward, but temporary coverage.
✔️ Cash Value Life Insurance: Lifetime coverage with a savings component, but higher premiums.
Learn how each works, who they’re best for, and the pros and cons of both. Whether you’re protecting your family or building long-term financial security, this video has the insights you need!
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00:00 - Intro
0:11 - Why life insurance is important
0:28 - Term life vs Cash Value Question
0:54 - Understand the differences
1:12 - Making an informed decision
1:25 - Term life insurance
1:51 - Term life limitations
2:13 - Buy term & invest the difference
2:23 - Cash value insurance
2:46 - Cash value limitations
3:08 - Example scenarios
3:35 - What's the difference
4:01 - Outro
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