Not Your Average Financial Podcast™

Not Your Average Financial Podcast™


Episode 222: Four Ways to Make Your Cash Value Grow Faster

December 03, 2021

In this episode, we ask:


  • When will your cash value equal your death benefit?
  • What about an increase of cash?
  • Do you intend to make it to 121 years old?
  • What four ways can you accelerate your cash accumulation?
  • What about interest rates?
  • What about stock market performance?
  • Is it boring?


What is the first way?


  • What about a Limited Pay Whole Life policy?
  • What about paying to a certain age?
  • What about paying a limited number of premium payments?
  • What about a single premium payment?
  • What does this allow the policy to do?
  • What about a 10-Pay or 20-Pay?
  • What about paying premium to age 65 or age 100?
  • What about the time value of money?
  • What about the lack of flexibility?
  • What can be a great source of liquidity?


  • What is the second way?
    • What about a paid up additions rider or PUA rider?
    • What about a flexible paid up additions rider?
    • What about an old fashioned whole life insurance policy
    • What happens when you add a PUA rider, even without extra premium dollars?
    • Is underwriting necessary for PUAs?
    • What do you call money when it goes into a bank account?
    • What do you call money when it goes into a 401(k)?
    • What do you call money when it goes into a whole life insurance policy?
    • What does premium buy?
    • What is the most efficient type of insurance you can buy?
    • What about an example?
    • What if you want to add additional premiums to increase your cash value?
    • What are the limits to PUAs?
    • How much can you stack onto your base premium?
    • What about an example?
    • What capacity will you decide upon?
    • What happens when your buckets are full?
    • How does the insurance company limit you?
    • How does the IRS limit you?


  • What is the third way?
    • What about blending whole life insurance with a term insurance rider?
    • What is the combination?

  • What is the fourth way?
    • What about an existing policy that isn’t efficient?
    • What can you do about a whole life policy that is underperforming?
    • What is a 1035 exchange?
    • What can you do about a Variable Universal Life policy?
    • What about a tax free transfer of values?
    • What about an annuity?
    • What about accelerated death benefit rider?
    • What about an example?


  • What about a bonus way to grow your cash?
    • What about dividends?
    • How might one purchase PUAs with dividends?
    • Do PUAs become permanent insurance?

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