Midpack
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Some people misunderstand the true purpose of life insurance - it's simply to provide a $ estate if you don't have one to protect your family (normal for younger families), that has considerable value. When you are older, presumably you'll have an actual $ estate your family can rely on, and no longer need life insurance of any kind.
Whole life insurance has always been a poor savings alternative, great for the agent, not the policyholder. Get term insurance to protect your family while you are young, and maintain it until you have an actual $ estate. Hopefully there will be no need to add to your term insurance, as your actual $ estate grows. Good luck with your "friend."
Whole life insurance has always been a poor savings alternative, great for the agent, not the policyholder. Get term insurance to protect your family while you are young, and maintain it until you have an actual $ estate. Hopefully there will be no need to add to your term insurance, as your actual $ estate grows. Good luck with your "friend."
