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Most people buy life insurance for providing a tax-free cash or creating a financial legacy passed on to their family.
The lesser known living benefits of life insurance is known. Not all life insurance policies or life insurance carriers are the same.
Meet Dustin and Kenya Frampton of Chicago, IL. Dustin was my website developer and graphic designer. He and his wife got licensed in the insurance industry and would sell insurance to friends, family and their community.
In addition they purchased a life insurance policy through their agent, Michelle Zeiler, without ever thinking they'd need to use the policy after only 18 months.
Not in a million years did Dustin Frampton think he would suffer a stroke in his late 30s. Yet their life insurance policy provided financial support during a very difficult moment when his health would change.
In today's modern era, life insurance does more than pay beneficiaries tax-free cash would someone dies. This is not your grand daddy's insurance policy these days.
Have you had an experience where someone was affected financially after suffering a change in health due to cancer, stroke, heart attack, chronic or a critical illness?
Drop your answer and thoughts in the comments below as we journey to 10,000 subscribers!
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Matt Sapaula, is a former United States Marine turned veteran entrepreneur. He is a financial coach and featured on the "Living Money Smart" VLOG.
Matt helps those in transition of a new career and occupation to become an entrepreneur while acquiring the confidence, mindset and skills to win the money game.
Share in his journey to gain financial control over daily money matters and live your desired lifestyle.
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MATT SAPAULA YOUTUBE CHANNEL DISCLAIMER: Matt Sapaula is not a registered investment advisor for the offering or sale of securities nor to provide investment advice. Matt only deals in securities subject to an exemption from registration and will only provide investment services to accredited investors as defined by the Illinois Securities Act of 1953.
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