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Die Broke and Wealthy (Updated and enlarged)- by Gopala Alampur
Make your insurance pay off while you're still alive

If your parents had been good to you, you would be able at age 65 to borrow $1 million from the bank and not pay it back, not even the interest!
Sound impossible?
Here's something that sounds even more impossible: You would be able to find out how much the interest payments would have been and deduct them from your income tax!
Believe it or not, that can be done, legally.
Unfortunately not enough people know that's one of the benefits of a certain kind of life insurance policy that your parents could have started when you were born.
Not enough people know many similar benefits about life insurance, says the author of this book, Gopala Alampur, an insurance agent in Toronto.
For example, you probably think that bank mortgage insurance is a good deal - if you die before the house is paid off, your beneficiary gets it mortgage free.
But if you die half way through paying the mortgage and had life insurance, at about the same cost, your beneficiary would get not only the house, but the rest of the face value of the insurance. To put it into figures: If you had a $300,000 mortgage and died after you had paid off $200,000, life insurance would give your beneficiary $300,000. Bank mortgage insurance would give you $100,000 only. The bank gets the other $200,000.
Alampur, a member of the Million Dollar Round Table for 29 years, has an unusual approach to life insurance that combines the interest of clients, intelligence, creativity and financial acumen.
His book, 72 pages in soft cover, sells for only $9.95, a bargain as an investment in your financial future.

Price $9.95
softcover
ISBN 1-894601-14-9

   
 
 

 

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