Richard CanfieldPodcast Host and IBC Advisor, Ascendant Financial · Authorized Infinite Banking Practitioner | Author of 4 Books

💰 Money Guaranteed #shorts 💯

8 Jun 2023 · 1 min

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A short YouTube clip by Richard Canfield (uploaded June 8, 2023) explaining that an insurance policy is a unilateral, binding contract that guarantees payment both during life and after death. The speaker emphasizes these payments are certainties (life then death) and raises logical considerations about how large death benefits should be.

Chapters

The insurance contract. Yes, the industry aptly names it a policy, but it's a unilateral, binding contract. What does it do? It guarantees the delivery of money while you're alive and when you're gone. And those two things are certainties. You're going to live for some period of time and then you are going to die. And so if you have a contract that guarantees the delivery of money and you introduce logic like we've been talking about a lot, you been having a lot of logical conversations, then it becomes a question of how much do you want to create? Death benefit has to have merit, of course, but how much do you want to create?