The Third Disadvantage of Kai-Zen: The Costs
Investing Retirement FundingThe Third Disadvantage of Kai-Zen: The Costs, is the cash value life insurance usually has large upfront costs. Kai-Zen reduces these costs by putting a portion of your payment into term insurance, which is less expensive and adding a waiver of surrender penalty rider. Which in tern, spreads the costs over more years. This substantially reduces the cost. Now remember, Kai-Zen has five annual payments, no more. By making these changes the majority of your payment foes into your investments, first year. A small portion goes into:
The Death Benefit Protection
Critical Illness Protection
Chronic Illness Protection
Terminal Illness Protection
Long-Term Care Protection
Long-term cost of Kai-Zen is going to become less than half the cost of the internal fees of mutual funds.
Until next time, this is Jim Barlow from Oak Tree Premium Finance.