From Policy to Profit: Unlocking The Hidden Value of Life Insurance | Jay Jackson

SCHEDULE YOUR FREE PORTFOLIO REVIEW with Wealthion's endorsed financial advisors at https://www.wealthion.com.  Join Eric Chemi and Jay Jackson, CEO of Abacus Life, for a discussion revolving around the often-overlooked aspects of the $13 trillion life insurance market. Discover how life insurance, a commonly misunderstood asset, can play a significant role in financial planning and asset management. Jackson sheds light on the true value of life insurance policies, debunking common misconceptions and revealing how policyholders can leverage their policies for financial benefit. Whether you're an investor, financial advisor, or just curious about life insurance, this episode is packed with invaluable insights. Timestamps: 00:22 - Introduction to Life Insurance as an Asset 02:08 - The $13 Trillion Life Insurance Market 03:15 - Misconceptions and Overlooking Policy Value 07:33 - Life Insurance as Personal Property 16:04 - Evaluating Life Insurance Value 22:06 - Impact of Life Span Data on Financial Services 26:32 - Lifestyle Factors Affecting Life Span 31:03 - Planning for Life in the 80s and Beyond 37:03 - COVID-19's Impact on Life Insurance and Health 41:24 - Key Takeaway: Don't Let Policies Lapse