Safe Money Millionaire Advisors
Safe Money Millionaire Advisors all go through a rigorous training, testing and background process to make sure they are knowledgeable on the concepts that make 101 plan is structured right, using the right insurance companies and programs for your specific situation.
It’s critical that you use a SMM Advisor because if these plans aren’t done right you could lose out on some of the amazing living benefits of the policy. Plus the long term benefits such as the exponential growth of your cash value.
Most insurance and financial advisors simply have not been trained on these types of plans. WHY? Because the training advisors get to receive professional designations like CFP (Certified Financial Planner), CRFA (Certified Retirement Financial Advisor), or any number of other trainings they receive do not cover this structure in detail.
The tests and requirements needed to receive an insurance license does not include education for insurance agents or advisors on how this process works. Recently a very successful financial advisor who’s been practicing for 16 years said “I’ve never heard of this before!”
Safe Money Millionaire Advisors work with some of the strongest life insurance companies in the world to build your 101 plan. Many have never missed a dividend in 100 years.
What If I Already Have An Advisor?
You may already have an insurance agent or financial professional who you may want to discuss this concept with. Pease keep in mind there is much mis-information in the industry about whole life insurance.
Beware Of What You Might Hear…
Many advisors may tell you you’ll be better off to “Buy Term and Invest The Difference.” If you hear this from someone, you are now armed with the knowledge that this is not sound advice. You can simply show them the door before it’s too late.
They may tell you that cash value life insurance is just too expensive. This again shows they do not understand the power of properly structuring the plan to super charge the cash value of the policies.
Advisors also make approximately 50% less money on 101 plans compared to traditional cash value life insurance policies. This is because more of your money is going to your cash value, not insurance costs. This is good for you, and the advisor because we know you will be more excited about sending referrals when you have your supercharged 101 plan.
Some advisors are only allowed to sell specific policies because the represent few companies. They may try to steer you towards those other alternatives because they don’t have the option to sell dividend paying, non-direct recognition whole life insurance policies.
There are other agents who may claim to understand this process and offer to set you up with an insurance policy. I fell victim to this years ago before I understood this process fully. A well meaning agent set me up a policy that could have imploded and eaten itself alive right as I was trying to use it in retirement! Ask your advisor to show you his Safe Money Millionaire Advisors Certification.
Another important question to ask is if the advisor themselves has a dividend paying whole life insurance policy and is using it to finance themselves to wealth. If not, that’s a good indication of that they may not really understand the process, otherwise, why wouldn’t they buy what they are selling?
If you would like to learn more about how you can help others secure their financial future as a Safe Money Millionaire Advisors click here.