{"id":7759,"date":"2023-11-29T10:20:10","date_gmt":"2023-11-29T10:20:10","guid":{"rendered":"https:\/\/businessyield.com\/ins\/?p=7759"},"modified":"2023-11-29T10:20:13","modified_gmt":"2023-11-29T10:20:13","slug":"how-to-use-life-insurance-to-build-wealth-2","status":"publish","type":"post","link":"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/","title":{"rendered":"How to Use Life Insurance to Build Wealth: Complete Guide"},"content":{"rendered":"<p>Most people consider purchasing life insurance in order to provide their loved ones with financial security. People continually search for ways to build wealth using the best life insurance. Find out how you can use life insurance to make money.<\/p><h2 class=\"wp-block-heading\" id=\"h-how-to-use-life-insurance-to-build-wealth-nbsp\"><span id=\"how-to-use-life-insurance-to-build-wealth\"><strong>How to Use Life Insurance to Build Wealth&nbsp;<\/strong><\/span><\/h2><p>Learning how to use life insurance to build wealth will ease the financial burden on your loved ones after your death. It&#8217;s a great tool for accumulating riches. By purchasing coverage with forethought, you are able to save and invest over the course of your lifetime. Furthermore, it can aid your heirs in accumulating wealth long after your passing. Here&#8217;s a deeper dive into the various life insurance products available and some advice on how to use life insurance to amass wealth.<\/p><h3 class=\"wp-block-heading\" id=\"h-types-of-life-insurance\"><span id=\"types-of-life-insurance\">Types of Life Insurance<\/span><\/h3><p>Term life insurance and permanent life insurance are the two primary categories of life coverage. Term life insurance goes on sale for a specific time frame and then expires after that. However, permanent life insurance will continue in effect for the duration of your life, regardless of how long that may be, given that premiums are paid and the policy&#8217;s value stays the same. Whole life, universal life, and variable universal life are the three kinds of permanent life insurance that Thrivent provides.<\/p><h3 class=\"wp-block-heading\" id=\"h-how-to-use-life-insurance-to-build-wealth-nbsp-0\"><span id=\"how-to-use-life-insurance-to-build-wealth-2\">How to Use Life Insurance to Build Wealth&nbsp;<\/span><\/h3><p>Everyone should purchase a life insurance policy to build financial wealth for their loved ones in the event of their untimely deaths. The following are methods for increasing financial security through life insurance:<\/p><h4 class=\"wp-block-heading\" id=\"h-1-opt-for-effective-policies\"><span id=\"1-opt-for-effective-policies\">#1. Opt For Effective Policies<\/span><\/h4><p>A wide variety of insurance policies can be chosen from. However,<a href=\"https:\/\/businessyield.com\/ins\/car-insurance\/best-car-warranty-companies-reviewed\/\" target=\"_blank\" rel=\"noreferrer noopener\"> money-back programs<\/a> and endowment rules take center stage when the goal is to accumulate wealth. You obtain a nice return rate in addition to the life insurance protection.\u00a0<\/p><h4 class=\"wp-block-heading\" id=\"h-2-make-use-of-pre-tax-savings\"><span id=\"2-make-use-of-pre-tax-savings\">#2. Make Use of Pre-tax Savings<\/span><\/h4><p>Life insurance can benefit those who struggle to save money. The money you put away in your policy&#8217;s savings account will earn interest until the time of your death. Money invested in insurance cannot be accessed until later in life. Forcing yourself to save and give your money time to grow is a smart move.<\/p><h4 class=\"wp-block-heading\" id=\"h-3-money-worth\"><span id=\"3-money-worth\">#3. Money Worth<\/span><\/h4><p>Cash value is the element of your policy that earns you interest. You may save money regularly and build your fortune with the cash-value feature. The funds you&#8217;ve put away can be withdrawn at any time while you&#8217;re still alive.<\/p><h4 class=\"wp-block-heading\" id=\"h-4-changing-hands-of-money\"><span id=\"4-changing-hands-of-money\">#4. Changing Hands of Money<\/span><\/h4><p>Life insurance is a great way to save money and leave a legacy for your kids when you pass away. It&#8217;s one of the most cost-effective ways to pass on money from one generation to the next, as a very small premium can result in substantial rewards for your heirs. A beneficiary receives the amount you designated in your<a href=\"https:\/\/businessyield.com\/ins\/car-insurance\/assurance-car-insurance-review\/\" target=\"_blank\" rel=\"noreferrer noopener\"> endowment plan<\/a> upon your death, regardless of whether or not you contributed the whole amount.<\/p><h4 class=\"wp-block-heading\" id=\"h-5-capitalization\"><span id=\"5-capitalization\">#5. Capitalization<\/span><\/h4><p>Insurance is a type of investment that can be used to accumulate, protect, and disperse wealth. Your insurance policy is an alternate investment option. Endowment or long-term savings insurance policies are ideal for this purpose.&nbsp;<\/p><h4 class=\"wp-block-heading\" id=\"h-6-supplemental-death-pay-nbsp\"><span id=\"6-supplemental-death-pay\">#6. Supplemental Death Pay&nbsp;<\/span><\/h4><p>People purchase life insurance plans in the hopes that their loved ones will be financially secure in their absence. When someone dies, the beneficiary of their life insurance policy receives the money. This is why some people choose to name themselves as the beneficiaries of their parent&#8217;s policies. However, the beneficiary often needs the insured&#8217;s consent and proof of insurable interest before this may happen.<\/p><h4 class=\"wp-block-heading\" id=\"h-7-back-up-strategy\"><span id=\"7-back-up-strategy\">#7. Back-Up Strategy<\/span><\/h4><p>In the case of a health emergency or other unforeseen occurrence, a<a href=\"https:\/\/businessyield.com\/ins\/car-insurance\/auto-repair-shop-insurance\/\" target=\"_blank\" rel=\"noreferrer noopener\"> contingency plan<\/a> will protect your money. Therefore, it&#8217;s a good idea to have life insurance as a safety net. A good rule of thumb is to purchase a life insurance policy worth 10 to 15 times your yearly income. As your income and priorities increase, it may be time to reconsider your current level of insurance coverage.<\/p><h2 class=\"wp-block-heading\" id=\"h-best-life-insurance-to-build-wealth-nbsp\"><span id=\"best-life-insurance-to-build-wealth\">Best Life Insurance to Build Wealth&nbsp;<\/span><\/h2><p>Building wealth with permanent life insurance, often known as whole life coverage, has a number of advantages over term life insurance, including a guaranteed death payment and the ability to accumulate cash value. Permanent life insurance is similar to a savings plan.&nbsp;<\/p><h3 class=\"wp-block-heading\" id=\"h-permanent-life-insurance-offers\"><span id=\"permanent-life-insurance-offers\">Permanent Life Insurance Offers<\/span><\/h3><ul class=\"wp-block-list\"><li>Consistent expansion is free of the gyrations and, by extension, the dangers that characterize stock markets and fixed-income investments.<\/li>\n\n<li>The ability to borrow against your cash value to help cover monthly premiums, pay for college expenses, or supplement your retirement income Inquiring minds may also wonder if life insurance is subject to taxation. Tax specialists and financial advisers can help policyholders withdraw to minimize the tax cost.<\/li>\n\n<li>Defend against creditors who could confiscate your property. Nolo states, &#8220;If you are the named beneficiary on a life insurance policy, that money is yours to do with as you wish, except for shared debts with a deceased spouse.&#8221; Nobody, not even your parents, husband, or kids, can make you pay off their debts.<\/li>\n\n<li>Accelerated growth of cash value is possible with indexed life insurance, which is tied to prevailing interest rates.<\/li>\n\n<li>Universal life insurance plans have infinite growth as long as premiums are paid.<\/li>\n\n<li>Depending on your policy&#8217;s terms and any applicable riders, you may be liable for a lump sum payout of your death benefit if you get a diagnosis of a terminal disease.<\/li>\n\n<li>The purpose of passing wealth down through the generations is to protect heirs from the financial burden of burial charges, unpaid liabilities, and medical payments.<\/li><\/ul><p>For people in their twenties, thirties, and forties (who pass the underwriting standards, which include a medical test), permanent life insurance is a great way to start saving for the future without having to wait. Financial advisors frequently advise clients to invest spare cash in life insurance. There is no other financial instrument with the same potential and regulatory safeguards.<\/p><h3 class=\"wp-block-heading\" id=\"h-in-what-ways-can-you-accumulate-wealth-with-permanent-life-insurance\"><span id=\"in-what-ways-can-you-accumulate-wealth-with-permanent-life-insurance\">In What Ways Can You Accumulate Wealth With Permanent Life Insurance?<\/span><\/h3><ul class=\"wp-block-list\"><li>Both the death benefit and the cash value grow over time with a permanent policy. The former increases your death benefit with each installment, but the latter aids in financial development.<\/li>\n\n<li>With the cash-value feature, your money can accumulate month after month, helping you save for the future. The acquired wealth can then be withdrawn at any time during your lifetime if you so desire.<\/li>\n\n<li>The cash value of a typical permanent life insurance policy might increase by 6\u20138% per year. When compared to the average return of 0.1% on a savings account, that is a big amount. This means you&#8217;ll have more room to grow and more resources to enjoy in your retirement.<\/li><\/ul><h2 class=\"wp-block-heading\" id=\"h-how-do-i-use-life-insurance-to-make-money-nbsp\"><span id=\"how-do-i-use-life-insurance-to-make-money\">How Do I Use Life Insurance to Make Money?&nbsp;<\/span><\/h2><p>The premiums you pay to your life insurance company are their main source of money, with the rest coming from investments. In addition, they stand to gain from lapsed or expired coverage.<\/p><h3 class=\"wp-block-heading\" id=\"h-insurance-firms-profit-from-life-coverage-in-four-key-ways\"><span id=\"insurance-firms-profit-from-life-coverage-in-four-key-ways\">Insurance Firms Profit From Life Coverage in Four Key Ways:<\/span><\/h3><h4 class=\"wp-block-heading\" id=\"h-1-levying-surcharges\"><span id=\"1-levying-surcharges\">#1. Levying Surcharges<\/span><\/h4><p>If you want to ensure that your beneficiaries receive the death benefit, you must keep your insurance current by paying the premiums. Your insurer carefully determines your premium in order to pay your death benefit and make a profit. Your premiums support the following, in proportion to the term of your policy and your expected life span:&nbsp;<\/p><ul class=\"wp-block-list\"><li>The death payout from your insurance<\/li>\n\n<li>Your policy&#8217;s administrative costs<\/li>\n\n<li>Insurance firm earnings<\/li><\/ul><p>The insurance company will incur losses if more policyholders than projected pass away, necessitating the payment of more claims than anticipated. That&#8217;s why it&#8217;s so important to be completely honest on your life insurance application, and why the consequences for lying about anything on it are so severe.<\/p><h4 class=\"wp-block-heading\" id=\"h-2-premium-investments\"><span id=\"2-premium-investments\">#2. Premium Investments<\/span><\/h4><p>As policyholders pay their premiums, the insurer invests a portion of those payments. Insurers put aside funds to cover claims in the event of a market crash and keep the income they earn on those funds.<\/p><h4 class=\"wp-block-heading\" id=\"h-3-success-in-cash-value-investments\"><span id=\"3-success-in-cash-value-investments\">#3. Success in Cash-Value Investments<\/span><\/h4><p>Permanent life insurance policies provide insurance firms with a steady supply of investment revenue. The cost of these policies is extremely high in comparison to other forms of insurance, such as term life. One reason for this is that premiums paid for permanent life insurance serve two purposes: paying the death benefit and building up a cash value. The insurer invests the cash value funds with other money and keeps a portion of the profits.<\/p><h4 class=\"wp-block-heading\" id=\"h-4-taking-advantage-of-coverage-gaps-caused-by-expired-policies\"><span id=\"4-taking-advantage-of-coverage-gaps-caused-by-expired-policies\">#4. Taking Advantage of Coverage Gaps Caused by Expired Policies<\/span><\/h4><p>Finally, it is important to note that many insurance plans go idle because the policyholder outlives the policy&#8217;s term. Term life insurance aims to provide financial security just for as long as the policyholder needs it, usually until the insured no longer has any financial responsibilities. The insurance firm benefits greatly from an inactive term life policy since it can collect premiums for decades without having to pay out any claims. However, many people let their permanent insurance lapse or abandon their policies because of the exorbitant cost of premium payments. When a policyholder abandons or cancels coverage, the insurer stops receiving premium payments but is not entitled to any benefits. To make up for the money they&#8217;ll be losing out on, several insurance companies impose surrender fees.&nbsp;<\/p><h2 class=\"wp-block-heading\" id=\"h-how-to-use-life-insurance-money-while-alive-nbsp\"><span id=\"how-to-use-life-insurance-money-while-alive\">How to Use Life Insurance Money While Alive?&nbsp;<\/span><\/h2><p>Borrowing against a policy, claiming accelerated death benefits, cashing out a policy, and selling a policy are the four ways to get life insurance proceeds while you are still living. Depending on the situation or the rules in place, you may have limited options.<\/p><h2 class=\"wp-block-heading\" id=\"h-why-are-millionaires-buying-life-insurance-nbsp\"><span id=\"why-are-millionaires-buying-life-insurance\">Why Are Millionaires Buying Life Insurance?&nbsp;<\/span><\/h2><p>Life insurance is a fantastic method to build wealth for future generations by leaving a financial legacy for loved ones after death. The death benefit can be utilized to pay for inheritance taxes and ensure that the business continues to prosper. Life insurance, in this context, serves more to preserve wealth than to create it, making it an ideal estate planning instrument.<\/p><h2 class=\"wp-block-heading\" id=\"h-how-soon-can-i-borrow-from-my-life-insurance-policy-nbsp\"><span id=\"how-soon-can-i-borrow-from-my-life-insurance-policy\">How Soon Can I Borrow from My Life Insurance Policy?&nbsp;<\/span><\/h2><p>It usually takes between five and ten years for a life insurance policy to build up enough cash worth to be used as collateral for a loan. The actual duration is determined by policy details such as premiums and return rate.<\/p><h2 class=\"wp-block-heading\" id=\"h-how-did-the-rockefellers-use-life-insurance-nbsp\"><span id=\"how-did-the-rockefellers-use-life-insurance\">How Did the Rockefellers Use Life Insurance?&nbsp;<\/span><\/h2><p>Using life insurance, the Rockefellers were able to leave a financial legacy that has benefited three generations. Trusts and life insurance policies can assist in developing generational wealth by keeping the money within the family even after the policyholder&#8217;s death.<\/p><h2 class=\"wp-block-heading\" id=\"h-can-you-become-a-millionaire-selling-life-insurance-nbsp\"><span id=\"can-you-become-a-millionaire-selling-life-insurance\">Can You Become a Millionaire Selling Life Insurance?&nbsp;<\/span><\/h2><p>Using life insurance, the Rockefellers were able to leave a financial legacy that has benefited three generations. Trusts and life insurance policies can assist in developing generational wealth by keeping the money within the family even after the policyholder&#8217;s death.<\/p><h2 class=\"wp-block-heading\" id=\"h-how-do-the-rich-avoid-taxes-with-life-insurance\"><span id=\"how-do-the-rich-avoid-taxes-with-life-insurance\">How Do the Rich Avoid Taxes with Life Insurance?<\/span><\/h2><p>Taxes do not apply to life insurance payouts, either in the form of a lump sum or an annuity. In this way, the cash can earn interest while sitting in a savings account. What is subject to taxation is the interest earned on that amount. Taking the lump sum is the most straightforward strategy for avoiding this tax.<\/p><h2 class=\"wp-block-heading\" id=\"h-related-articles\"><span id=\"related-articles\">Related Articles<\/span><\/h2><ul class=\"wp-block-list\"><li><a href=\"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth\/\" target=\"_blank\" rel=\"noreferrer noopener\">HOW TO USE LIFE INSURANCE TO BUILD WEALTH: Detailed Guide<\/a><\/li>\n\n<li><a href=\"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-borrow-against-your-life-insurance-policy-2\/\" target=\"_blank\" rel=\"noreferrer noopener\">HOW TO BORROW AGAINST YOUR LIFE INSURANCE POLICY<\/a><\/li>\n\n<li><a href=\"https:\/\/businessyield.com\/ins\/life-insurance\/cheapest-life-insurance\/\" target=\"_blank\" rel=\"noreferrer noopener\">CHEAPEST LIFE INSURANCE COMPANIES OF 2023<\/a><\/li><\/ul><h2 class=\"wp-block-heading\" id=\"h-reference\"><span id=\"reference\">Reference<\/span><\/h2><ul class=\"wp-block-list\"><li><a href=\"https:\/\/www.policygenius.com\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">policygenius.com<\/a><\/li>\n\n<li><a href=\"https:\/\/www.businessinsider.com\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">businessinsider.com<\/a><\/li>\n\n<li><a href=\"https:\/\/www.bankrate.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">bankrate.com<\/a><\/li><\/ul>","protected":false},"excerpt":{"rendered":"Most people consider purchasing life insurance in order to provide their loved ones with financial security. People continually&hellip;\n","protected":false},"author":275,"featured_media":7764,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[11],"tags":[],"class_list":{"0":"post-7759","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-life-insurance"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>How to Use Life Insurance to Build Wealth: Complete Guide<\/title>\n<meta name=\"description\" content=\"People continually search for ways to build wealth using the best life insurance. Find out how you can use life insurance to make money.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Use Life Insurance to Build Wealth: Complete Guide\" \/>\n<meta property=\"og:description\" content=\"People continually search for ways to build wealth using the best life insurance. Find out how you can use life insurance to make money.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Business Yield Insurance\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/chinaza.emmanuel.39948?mibextid=sCpJLy\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-29T10:20:10+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-29T10:20:13+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/businessyield.com\/ins\/wp-content\/uploads\/sites\/6\/2023\/11\/Untitled-design-9-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"500\" \/>\n\t<meta property=\"og:image:height\" content=\"250\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sincerity Emmanuel\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sincerity Emmanuel\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"9 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/\",\"url\":\"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/\",\"name\":\"How to Use Life Insurance to Build Wealth: Complete Guide\",\"isPartOf\":{\"@id\":\"https:\/\/businessyield.com\/ins\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/businessyield.com\/ins\/wp-content\/uploads\/sites\/6\/2023\/11\/Untitled-design-9-1.jpg\",\"datePublished\":\"2023-11-29T10:20:10+00:00\",\"dateModified\":\"2023-11-29T10:20:13+00:00\",\"author\":{\"@id\":\"https:\/\/businessyield.com\/ins\/#\/schema\/person\/5b676eb2070d1efbccbe56d00c57fed0\"},\"description\":\"People continually search for ways to build wealth using the best life insurance. Find out how you can use life insurance to make money.\",\"breadcrumb\":{\"@id\":\"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/#primaryimage\",\"url\":\"https:\/\/businessyield.com\/ins\/wp-content\/uploads\/sites\/6\/2023\/11\/Untitled-design-9-1.jpg\",\"contentUrl\":\"https:\/\/businessyield.com\/ins\/wp-content\/uploads\/sites\/6\/2023\/11\/Untitled-design-9-1.jpg\",\"width\":500,\"height\":250,\"caption\":\"Image by wayhomestudio on Freepik\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/businessyield.com\/ins\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"How to Use Life Insurance to Build Wealth: Complete Guide\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/businessyield.com\/ins\/#website\",\"url\":\"https:\/\/businessyield.com\/ins\/\",\"name\":\"Business Yield Insurance\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/businessyield.com\/ins\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/businessyield.com\/ins\/#\/schema\/person\/5b676eb2070d1efbccbe56d00c57fed0\",\"name\":\"Sincerity Emmanuel\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/businessyield.com\/ins\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7d4e05458ec8b096fc678d4c9ed884e7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7d4e05458ec8b096fc678d4c9ed884e7?s=96&d=mm&r=g\",\"caption\":\"Sincerity Emmanuel\"},\"description\":\"With over seven years of experience, Emmanuel sincerity has worked as both a business consultant and a content writer. She has maintained a stellar reputation as a top performer, earning rave reviews from satisfied customers and leading the industry in customer satisfaction. Her interest in reading helped her hone her writing skills, which she then put to use in her blog and contributions to trade journals. Along with her bachelor's degree in English, she also earned a master's in business management. At present, Sincerity is employed by BUSINESS YIELD.COM\u00a0as a content writer, responsible for developing, writing, and publishing content.\",\"sameAs\":[\"https:\/\/www.facebook.com\/chinaza.emmanuel.39948?mibextid=sCpJLy\",\"https:\/\/www.linkedin.com\/in\/emmanuel-sincerity-8a271b292?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app\",\"https:\/\/youtube.com\/@emmanuelsincerity5700?si=A2EEmxwZBlPwuP_5\"],\"url\":\"https:\/\/businessyield.com\/ins\/author\/sincerity\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"How to Use Life Insurance to Build Wealth: Complete Guide","description":"People continually search for ways to build wealth using the best life insurance. Find out how you can use life insurance to make money.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/","og_locale":"en_US","og_type":"article","og_title":"How to Use Life Insurance to Build Wealth: Complete Guide","og_description":"People continually search for ways to build wealth using the best life insurance. Find out how you can use life insurance to make money.","og_url":"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/","og_site_name":"Business Yield Insurance","article_author":"https:\/\/www.facebook.com\/chinaza.emmanuel.39948?mibextid=sCpJLy","article_published_time":"2023-11-29T10:20:10+00:00","article_modified_time":"2023-11-29T10:20:13+00:00","og_image":[{"width":500,"height":250,"url":"http:\/\/businessyield.com\/ins\/wp-content\/uploads\/sites\/6\/2023\/11\/Untitled-design-9-1.jpg","type":"image\/jpeg"}],"author":"Sincerity Emmanuel","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Sincerity Emmanuel","Est. reading time":"9 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/","url":"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/","name":"How to Use Life Insurance to Build Wealth: Complete Guide","isPartOf":{"@id":"https:\/\/businessyield.com\/ins\/#website"},"primaryImageOfPage":{"@id":"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/#primaryimage"},"image":{"@id":"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/#primaryimage"},"thumbnailUrl":"https:\/\/businessyield.com\/ins\/wp-content\/uploads\/sites\/6\/2023\/11\/Untitled-design-9-1.jpg","datePublished":"2023-11-29T10:20:10+00:00","dateModified":"2023-11-29T10:20:13+00:00","author":{"@id":"https:\/\/businessyield.com\/ins\/#\/schema\/person\/5b676eb2070d1efbccbe56d00c57fed0"},"description":"People continually search for ways to build wealth using the best life insurance. Find out how you can use life insurance to make money.","breadcrumb":{"@id":"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/#primaryimage","url":"https:\/\/businessyield.com\/ins\/wp-content\/uploads\/sites\/6\/2023\/11\/Untitled-design-9-1.jpg","contentUrl":"https:\/\/businessyield.com\/ins\/wp-content\/uploads\/sites\/6\/2023\/11\/Untitled-design-9-1.jpg","width":500,"height":250,"caption":"Image by wayhomestudio on Freepik"},{"@type":"BreadcrumbList","@id":"https:\/\/businessyield.com\/ins\/life-insurance\/how-to-use-life-insurance-to-build-wealth-2\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/businessyield.com\/ins\/"},{"@type":"ListItem","position":2,"name":"How to Use Life Insurance to Build Wealth: Complete Guide"}]},{"@type":"WebSite","@id":"https:\/\/businessyield.com\/ins\/#website","url":"https:\/\/businessyield.com\/ins\/","name":"Business Yield Insurance","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/businessyield.com\/ins\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/businessyield.com\/ins\/#\/schema\/person\/5b676eb2070d1efbccbe56d00c57fed0","name":"Sincerity Emmanuel","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/businessyield.com\/ins\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7d4e05458ec8b096fc678d4c9ed884e7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7d4e05458ec8b096fc678d4c9ed884e7?s=96&d=mm&r=g","caption":"Sincerity Emmanuel"},"description":"With over seven years of experience, Emmanuel sincerity has worked as both a business consultant and a content writer. She has maintained a stellar reputation as a top performer, earning rave reviews from satisfied customers and leading the industry in customer satisfaction. Her interest in reading helped her hone her writing skills, which she then put to use in her blog and contributions to trade journals. Along with her bachelor's degree in English, she also earned a master's in business management. At present, Sincerity is employed by BUSINESS YIELD.COM\u00a0as a content writer, responsible for developing, writing, and publishing content.","sameAs":["https:\/\/www.facebook.com\/chinaza.emmanuel.39948?mibextid=sCpJLy","https:\/\/www.linkedin.com\/in\/emmanuel-sincerity-8a271b292?utm_source=share&utm_campaign=share_via&utm_content=profile&utm_medium=ios_app","https:\/\/youtube.com\/@emmanuelsincerity5700?si=A2EEmxwZBlPwuP_5"],"url":"https:\/\/businessyield.com\/ins\/author\/sincerity\/"}]}},"modified_by":"Stanley Evergreen","jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/businessyield.com\/ins\/wp-content\/uploads\/sites\/6\/2023\/11\/Untitled-design-9-1.jpg","_links":{"self":[{"href":"https:\/\/businessyield.com\/ins\/wp-json\/wp\/v2\/posts\/7759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businessyield.com\/ins\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businessyield.com\/ins\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businessyield.com\/ins\/wp-json\/wp\/v2\/users\/275"}],"replies":[{"embeddable":true,"href":"https:\/\/businessyield.com\/ins\/wp-json\/wp\/v2\/comments?post=7759"}],"version-history":[{"count":3,"href":"https:\/\/businessyield.com\/ins\/wp-json\/wp\/v2\/posts\/7759\/revisions"}],"predecessor-version":[{"id":8080,"href":"https:\/\/businessyield.com\/ins\/wp-json\/wp\/v2\/posts\/7759\/revisions\/8080"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businessyield.com\/ins\/wp-json\/wp\/v2\/media\/7764"}],"wp:attachment":[{"href":"https:\/\/businessyield.com\/ins\/wp-json\/wp\/v2\/media?parent=7759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businessyield.com\/ins\/wp-json\/wp\/v2\/categories?post=7759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businessyield.com\/ins\/wp-json\/wp\/v2\/tags?post=7759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}