Key Person Insurance: The Scoop [Best Coverages 2025 Rates]

💰 How the Wealthy Leverage Life Insurance (Exactly What They Don’t Teach Us) Most people think life insurance is just for funerals. The wealthy know it’s a wealth-building tool — and they use it differently. Here’s how: 1️⃣ They use cash value as a TAX-FREE savings vault Wealthy families put money into policies like IULs and Whole Life because the cash value grows tax-deferred and can be accessed tax-free. They treat the policy like their own private bank. 2️⃣ They borrow from their policies in