Integrating Life Insurance into Business Strategy

The amount of money that we would put on some of these young people was more than we needed for the buy sell agreements for the company. And without even saying this to them, I thought, okay, if one of these people gets hit by a bus, I'm going to be writing a big check to that family, because some of this death benefit is going to be yours, because I want them to be protected and stay in their own world. All the way up to 1980, when people always put more money in life insurance, they would say, the miracle of life insurance. And the miracle is that death benefit, when somebody dies, everybody else has got a bill, and the insurance agent, or hopefully the IBC practitioner that you're working for or working with, they're going to show up with a check. Again, I don't give tax advice, but more than likely a tax free check.