Sudden Death (without Death Benefit)

Jake and Gino Multifamily Investing Entrepreneurs

Jake & Gino

Buyingapartmentbuildings, Investingsmart, Multifamilyrealestateinvesting, Business, Smartinvesting, Jakeandgino, Apartmentinvesting, Investing, Commercialrealestateinvesting, Makingmoney, Buyingrealestate, Realestateinvestment, Wheelbarrowprofits, Realestateinvesting, Cashflow

5 • 831 Ratings

🗓️ 11 May 2022

⏱️ 3 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

👉In this short episode, Co-Founder Rick Sapio tells a personal story of a close friend who suddenly passed away without any life insurance in place, leaving his family and business without the protection they needed. What happens if you die without life insurance? We never know when storms may arise in our lives, but what we do know is that they inevitably will. We have seen this scenario play out hundreds of times. If you die without life insurance, your family will have to worry about all of your final expenses, including paying for your funeral, dealing with any taxes or debts, and even scarier, they will have to decide what to do with your business. A lot of people think they don't need life insurance, but we believe this couldn't be further from the truth. The specially-designed whole life insurance offer through 100 Year policies can provide protection from the following: 👉 Unexpected death 👉 Unexpected illness 👉 Unexpected accident 👉 Unexpected lawsuits 👉 Unexpected financial burden If you want you, your family, and your business to be shielded from whatever storm may come, click below and talk to our Team to find out how we can help. Our policies are tailored to fit your exact needs, whatever those may be. Don't wait until it's too late! Talk to our Team here: www.100YearREI.com/callnow/ For more *Trending Content* on Whole Life Insurance and the Dual Asset Strategy, check out our top videos: www.100YearREI.com/trending-content Download our eBook on Becoming Your Own Source of Financing at https://www.100YearREI.com #wholelifeinsurance #deathbenefit #financialplanning #protectyourfamily About The 100 Year Real Estate Investor The Whole Life Insurance Policies offered by the 100 Year Real Estate Investor are specially-designed. This means they work harder toward achieving your financial objectives, no matter what they may be. Check out this blog for 7 facts about our specially-designed strategies that may not be true about typical whole life policies: https://100yearrei.com/7-facts-about-specially-designed-whole-life-policies/ About Jake & Gino Jake & Gino are multifamily investors, operators, and mentors who have created a vertically integrated real estate company that controls over $175,000,000 in assets under management. They have created the Jake & Gino community to teach others their three-step framework: Buy Right, Finance Right and Manage Right®, and to become multifamily entrepreneurs.

Transcript

Click on a timestamp to play from that location

0:00.0	Hello everyone. My name is Rick Sapio. I am co-founder of the 100-year real estate investor.
0:14.2	In this quick take, I'm going to talk about something that is unfortunately near to me, but not dear to me, and it's sudden death.
0:23.8	A close friend of mine, his nephew, unfortunately had a young baby. He was in his late 20s.
0:31.4	And after COVID started, he unfortunately did not get the best medical treatment. And he died suddenly of COVID.
0:42.2	His wife was not working. She was in her late 20s as well. So now what happened was they had a house.
0:49.8	They had a wife that wasn't working. They had a baby who was nine months old and they had no dad.
0:55.6	And unfortunately, they lived far from any relatives. And they had absolutely zero in life insurance.
1:04.6	Now, you have heard your entire life, I'm sure. Get the best life insurance. Get the best attorney if you get in trouble
1:12.0	and make sure you protect your assets. Well, two out of three of those can be solved with a
1:18.2	specially designed whole life insurance from a mutually owned company that's top rated. And those are
1:24.6	the only ones that the 100 year real estate investor representative will use.
1:30.0	So the fact of the matter is if anything happens at death, if your estate gets sued for whatever
1:36.5	reason, you have so many protections here. And I always say to people who say, I had no idea a storm was coming. I don't know that there's many
1:47.4	human beings who have ever lived on planet Earth who haven't dealt with a serious storm,
1:54.1	an unexpected death, an unexpected illness, an unexpected accident, an unexpected lawsuit,
2:00.1	an unexpected financial calamity, an unexpected illness, an unexpected accident, an unexpected lawsuit, an unexpected financial calamity,
2:03.6	an unexpected pandemic, an unexpected depression. It happens to all of us. And it surprises me how many
2:11.6	people say, well, I don't know if I need that yet. The time to plant the tree, according to an old Chinese proverb, is 20 years ago.
2:21.5	The second best time to plant the tree is today. And I look at this type of insurance as the same way
2:28.9	the Chinese proverb looks at a tree. This is something that's going to benefit you, it's going to benefit
2:35.0	your family, it's going to benefit your heirs. Thank you for listening to this quick take
2:39.9	and click on the link below to talk to a 100-year REI representative who can answer any question
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Jake & Gino, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Jake & Gino and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.