Paying Off $120K in Student Loans with Whole Life Insurance | Debt Expert Explains

Can you use whole life insurance to pay off debt? In this real case study, Caleb Guilliams and Denzel Rodriguez ‪@DenzelNapoleonRodriguez‬ break down how a properly structured whole life insurance policy was used to start paying down $140,000 in student loan debt. We walk through real numbers, cash value, policy loans, interest rates, and when this strategy actually makes sense and when it doesn’t.

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00:00 Whole Life Insurance Case Study: Paying Off Debt
01:46 Using Life Insurance to Pay Off Debt
03:55 Pre-policy Parameters
06:53 Rules for Borrowing Against a Policy
08:28 Debt Repayment vs. Starting a Permanent Policy
10:37 Convertible Term Insurance and Debt Snowballing
13:01 High-Interest Debt & Whole Life Insurance
16:28 Denzel's Case Study: 22-Year-Old Female with Student Loans
19:26 Student Loans in Forbearance and Interest Capitalization
24:50 When Using Whole Life to Pay Off Debt Makes Sense (and When It Doesn't)
27:03 Comparing Debt Payoff Strategies
31:07 Leveraging Whole Life to Pay Off Debt
34:25 Cash Flow and Debt Repayment
38:52 Leveraging Borrowed Money to Fund Whole Life Insurance
50:45 Importance of Personal Growth and Certainty
55:50 Final Thoughts

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*This video is for entertainment purposes only and is not financial or legal advice.

Financial Advice Disclaimer: All content on this channel is for education, discussion, and illustrative purposes only and should not be construed as professional financial advice or recommendation. Should you need such advice, consult a licensed financial or tax advisor. No guarantee is given regarding the accuracy of the information on this channel. Neither host nor guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered.