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Adam Sosnick - The Michael Sartain Podcast

The Michael Sartain Podcast

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The Dirty Little Secret of Life Insurance

Life insurance policies are very rarely paying out because they build in what is known as lapse rates. 90 percent of life insurance policies never pay out okay while we're in frickin vaguest so you'll get this analogy the house always winsYeah but there's a 90 percent chance that you're going to be dropping your policy because i'm just using the numbers. If you either can't afford it don't need it or if you're getting divorced,  you're selling your business boldly call it whatever all this stuff is. It's an ass that makes sense yeah when you were explaining i'd never heard of that concept before but yeah that makes a lot of sense alright.

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