We often have clients contact us with unique investment ideas. We will evaluate them and give out honest thoughts and concerns. One of the more popular ‘investments’ that we have seen lately is insurance products that are pitched as investments. So, is it possible to use insurance as an investment? That would be the best of both worlds, right?
Today, the Pilot Money Guys are joined by Kevin Gormley, aka the Professor, to discuss the idea that you can use insurance as an investment. We talk about how these products are pitched, sold, and the risks that come along with these ‘investments’.
As Fiduciary financial planners, we do not sell insurance for commissions. However, we are able to advise and even connect clients with non-commission insurance products if they would like to get an insurance plan started.
If you have questions on insurance, we would love to help. Please reach out to us with any questions that you have about insurance and we will give you our honest thoughts and concerns.
As always, thank you for listening!
The Pilot Money Guys