He Borrowed $400K Tax-Free to Save His Daughter's Life
New Beyond the Bottom Line just dropped with @Scott Gannon and this is one of my favorite episodes we've recorded.
Scott's been with us at HTAB for almost 2 years now, and he opened up about how a properly structured corporate owned life insurance policy literally saved his daughter's life in 2022.
She was diagnosed with a rare cancer at the base of her skull, sitting on her brain stem. The surgery to save her required $275K USD upfront within days. Scott called his insurance company, ordered $400K against his policies, and had the money in his bank account in 3 days.
If you're a Canadian HTAB member, I really suggest you watch this one.
Scott breaks down exactly how he structures these policies for liquidity over death benefit, the audit story where 92 out of 96 strategies were set up wrong, and what the math actually looks like over 20-40 years.
Scott, thank you for being this vulnerable on the show and for the value you keep bringing to the HTAB community. Means a lot.
2
0 comments
Joey Lalonde-Rioux
5
He Borrowed $400K Tax-Free to Save His Daughter's Life
Insurance Agents University
skool.com/agency-builder-incubator
Learn how to effortlessly get clients and scale your Insurance Business. 💸
Leaderboard (30-day)
Powered by