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 Bereavement Benefits We Have Many Ways We Can Comm 2022-2025

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everybody's kind of familiar with the house analogy right so think about the death benefit as the value of the home the cash value is your equity in the home so the cash value is what the life insurance company that's the portion of the death benefit they'll Grant you access to while you're still here so while we're live we have access to that portion of the death benefit if you take a half a million dollars as a loan against your life insurance policy and you go do the deal you own the piece of real estate outright because it's not collateralized for that money the life insurance is right corre basically what the life insurance company just did is it Advanced you a half a million dollars of your million doll death benefit so if you die the next day and that loan is outstanding you have a net death benefit of a half a million so they'll give you the additional half a million my beneficiary that's right

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