The Truth About Life Insurance! Whole Life vs Term ft. Nicole Simons

Hey friends! I have Nicole Simons back on the channel! In this video, we delve into the world of life insurance. We discuss the different types of life insurance policies available (whole life, universal life, term) and gain insights into how you can leverage them to build generational wealth and ensure financial security for your loved ones. We hear about this on TikTok often so I had to go to the source to get the facts.
FYI, I (Reni) am not advising or endorsing any specific life insurance option, this is simply educational.
For more background on life insurance, check out this video: • You Need Life Insuranc...
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Disclaimer: The views and opinions shared on this channel are for informational and educational purposes only. This is NOT financial advice. Always do your own research and due diligence before investing.
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xo, Reni ♡

[@xoReni]

Disclaimer: FYI, I am not advising or endorsing any specific life insurance option, this is simply educational.
Did this help clarify the difference between term and permanent life insurance?

[@Tonietones]

Thank you for bringing her on Reni. A few minutes in and i am more than enlightened. ignorance is indeed expensive.

[@xoReni]

Thank you for watching, Tony!

[@folasadedaini]

Thank you so much for sharing this Reni!

[@xoReni]

You are so welcome!

[@olbee1]

So glad to see you bring Nicole on! I got my life insurance with her in 2018 and she made the whole process very smooth for me.

[@xoReni]

I’m so glad to hear this ☺️

[@seyitanoke]

Can one borrow against a universal life policy? Or just the whole life policy?

[@advisoronthego]

Yes, you can withdraw or borrow from your universal life policy. 👍🏾

[@OluwaAgbede]

Both! As long as you have cash value you can, but universal life you can sooner I think and whole life a lot later

[@xoReni]

Correct, both!