In this podcast episode, Kevin Thompson, founder and CEO of 9i Capital Group, hosts Steven S. Zeiger, an insurance industry expert. The episode, titled "Unmasking Permanent Life Insurance," discuss the complexities and potential pitfalls of permanent life insurance. Stephen shares his journey of prioritizing client interests over company sales goals and underscores the necessity of independent research in evaluating life insurance policies. The discussion highlights the need for transparency, informed decision-making, and the role of advisors in presenting clear, data-driven policy comparisons.

Insurance Company Experience (00:04:13)

Ethics in Insurance Sales (00:06:19)

Understanding Life Insurance Policies (00:09:32)

Illustrating Cost Savings (00:12:47) Steven presents a case study showing significant savings through independent research on insurance costs.

Understanding Policy Costs (00:15:18) Steven discusses the cost differences between MetLife and New York Life insurance policies.

Misleading Illustrations (00:19:17) Steven explains how insurance illustrations can be misleading, affecting client understanding.

Case Study on Policy Failure (00:20:15) Steven shares a case where a life insurance policy failed 84% of the time.

Illustration Analysis (00:22:40) Steven walks through an illustration of a life insurance policy's potential outcomes.

Discussion on Policy Viability (00:26:27) They analyze the sustainability of a life insurance policy using Monte Carlo simulations.

Introduction and Importance of Research (00:30:06) Kevin discusses the misconceptions about life insurance and emphasizes the need for understanding the numbers.

Life Insurance Decisions (00:31:23) Kevin acknowledges Steven's expertise in guiding high net worth individuals in making informed life insurance choices.

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Corrections: Editing by http:/SwoleNerdProductions.com

Website: http://www.9icapitalgroup.com

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Welcome to the 9Innings Podcast where we Educate, Empower and Engage.

ON THIS WEEKS PODCAST: Kevin describes why he decided to open his own RIA, and what lead to his move. He also talks about what he discovered after the move was made, and talk some "Fact vs Fiction". Companies will often make you feel as if you cannot live without them, Kevin takes you on his journey and why that "may" not be true. Website: http://www.9icapitalgroup.com

In this podcast episode, Kevin Thompson, founder and CEO of 9i Capital Group, discusses the fundamentals of business ownership. He covers essential topics like business structures (sole proprietorships, LLCs, S corps), taxation, and the importance of building a supportive team. Kevin shares personal anecdotes to highlight the opportunities in the U.S. economy and encourages listeners to pursue their passions. He emphasizes the necessity of seeking professional advice and mentorship. The episode aims to educate, empower, and engage aspiring entrepreneurs, providing practical insights to help them succeed in their business endeavors.

Business Structures Overview (00:03:20) Explaining the differences between sole proprietorships, LLCs, and S corps for starting a business.

Understanding Taxation (00:06:26) Key points on taxation, including safe harbor payments and the importance of working with tax professionals.

Building Your Team (00:08:46) Emphasizing the need for a supportive team of advisors to navigate entrepreneurship complexities.

The Power of Ideas (00:10:01) Encouragement to recognize opportunities and the potential impact of innovative ideas.

Follow Us: youtube: / @9icap

Linkedin: / kevin-thompson-ricp%c2%ae-cfp%c2%ae-74964428

facebook: / mlb2cfp

Buy MBB2CFP Here: https://www.amazon.com/MLB-CFP%C2%AE-

Hit the subscribe button to get new content notifications

Corrections: Editing by http:/SwoleNerdProductions.com

Website: http://www.9icapitalgroup.com

Corrections: Editing by http://SwoleNerdProductions.com