Ep-10 Stop Guessing Your Life Insurance Need

Life Insurance: How Much, What Kind, and When to Convert
Life insurance feels opaque. In 30 minutes Rich Leimgruber and 30-year industry professional, Jim Feldesman unpack:
• Term vs. permanent, plain-English math
• The needs-analysis shortcut that beats “10× salary” rules
• Hidden living benefit riders (critical illness, LTC hybrids)
• How to properly complete your application
• The one mistake that makes you un-insurable for years
No tips to “get rich quick,” just the facts so you can protect the people who count on you.

Want To Learn More About Our Guest?
James Feldesman, Financial Representative
WealthBridge Financial Group, www.wealthbridgefg.com
[phone]
[e-mail]

Disclaimer: Living Benefits are provided by no additional premium Accelerated Benefit Riders.  Receipt of Accelerated Benefits will reduce the Cash Value and Death Benefit otherwise payable under the policy, may result in a taxable event, and may affect your client's eligibility for public assistance programs. Riders are supplemental benefits that can be added to a life insurance policy and are not suitable unless the client has a need for life insurance. Riders are optional, may require additional premium, and may not be available in all states or on all products. The use of cash value life insurance to provide a resource of income assumes that there is first a need for the death benefit protection.  The ability of a life insurance contract to accumulate sufficient cash value to help meet accumulation goals will be dependent upon the amount of extra premium paid into the policy, and the performance of the policy, and is not guaranteed.  Policy loans and withdrawals reduce the policy’s cash value and death benefit and may result in a taxable event.  Surrender charges may reduce the policy's cash value in early years. 

Jim is a Registered Representative and Investment Adviser Representative of/ and offers securities and investment advisory services solely through Equity Services, Inc. (ESI), Member FINRA/SIPC, 675 Third Avenue, Suite 900, New York, NY 10017, 212-661-1600 or 212-986-0400. All other entities and persons are independent of ESI. TC7990551(0525)1

Filmed and recorded at Studio on the Avenue/LMC Media
Mamaroneck, NY
https://lmcmedia.org/
Produced and Edited by Vekterly
https://www.vekterly.com/

Disclaimer: This podcast is for informational and educational purposes only and should not be considered as financial advice, a recommendation for any specific investment, strategy, or financial decision, or legal advice. By engaging with this material, you acknowledge and agree with its intended purpose. Any examples provided are hypothetical and for illustration purposes only. Neither Rich Leimgruber, the EnRich Your Life Podcast, nor its representatives are advising or suggesting any specific action or decision. Before making any financial, legal, or tax decisions, individuals should consult their own financial advisor, accountant, legal professional, or other qualified professional before making financial decisions. All opinions expressed are those of the host and guests and do not reflect the views of any affiliated financial institutions. The views shared may not be suitable for every individual or situation. Past performance is not indicative of future results, and all investments carry risk. Please note that any strategies discussed may not be suitable for all investors, and the appropriateness of any specific investment or strategy will depend on individual circumstances.