video1.0<iframe src="https://www.loom.com/embed/5e87a6ad1f274e8fbeef341bb788768c" frameborder="0" width="1280" height="960" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>9601280Loomhttps://www.loom.com9601280https://cdn.loom.com/sessions/thumbnails/5e87a6ad1f274e8fbeef341bb788768c-00001.gif127.5In this video, I address a common question about the need for life insurance. I explain the concept of leverage and distinguish between controlled leverage and uncontrolled leverage. I discuss the drawbacks of using a line of credit or a margin account, such as the lack of control over interest rates and repayment terms. I then highlight the benefits of using controlled leverage with an insurance company, including a fixed interest rate and the freedom to use the capital as we see fit. No action is requested from viewers, but this information is important for making informed decisions about life insurance.