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After your death, life insurance provides your beneficiaries with financial security. Or does it?
In this episode, Michael Labos shares why the government’s lack of love for life insurance makes him love using it in financial planning. He dives into how governments view life insurance, how to avoid its pitfalls and create a plan for you and your beneficiaries.
Michael discusses:
- Two main benefits of life insurance
- How governments restrict the returns granted by life insurance policies
- Where life insurance fits within retirement planning
- How to optimize life insurance and retirement planning to provide the death benefit to your heirs