Richard Canfield explains why he uses dividend-paying whole life insurance to solve client problems. He notes that life insurance companies set his compensation at substantial levels, and clients consistently report strong appreciation for the value he delivers.
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What we focus on is solving the problem. And we just happen to by the placement of the tool, dividend paying whole life insurance. We're compensated extremely well for what we do. And the life insurance companies determine the rate of compensation. And we're blessed to be in a profession that compensates us extremely well. The clients we most want to have are telling us that they love the value they get in exchange for working with us. Casting a shadow on people is not an alternative solution to the problem. And the people that we talk to who become clients just don't give a shit about that. And we're sharing, sharing this as a professional courtesy to anyone out there who thinks that that's the right approach.