Live Your Live Insurance

by Kim D. H. Butler | on Amazon (paperback, kindle and audio)

PAGE 1)   Part 1 Building Wealth for Life

PAGE 17)  Part 2 Living With Your Cash Value CLUE (control, liquidity, use, equity)

PAGE 23)  Phase 1  The Start-Up Phase, Years 1-5 (years not age)

PAGE 27)  Phase 2  The Leverage Opportunity and Investment Capability  Phase-Years 6-30

PAGE 34)  Capsule concepts  How One Dollar Can Do Many Jobs

PAGE 39)  Part 3 Using Your Death Benefit While You Are Alive

PAGE 41)  Phase 3   Spending Other Assets-Years 20-40   

PAGE 46)  Phase 4   Using The Death Benefit or Face Value While Living-Years 41-50

PAGE 53)  Phase 5   Setting Up The Family Bank-Years 51+

PAGE 57   Part 4    Glossary and Working Parts Definitions

Working parts definitions:

  1. Premium
  2. Cash value (guaranteed portion)
  3. Dividends that purchase automatic paid-up additions (PUA’s)
  4. Gross cash value = (b + c) (though some companies call this net cash value)
  5. Automatic paid-up additions
  6. Manual paid-up additions
  7. Waiver of premium
  8. Death benefit or face amount
  9. Increasing death benefit
  10. Interest charged on borrowed cash value
  11. Owner
  12. Insured
  13. Automatic premium loan (APL)
  14. Reduced paid-up (RPU) policies
  15. Opportunity cost