SW Indiana | 1448 - 3/10/2019 07:18
Bruce Williams is no longer with us but Whole Life could really set him off.
For good reasons, after I started digging into it and found out they keep your cash value when you die. Dad was sold one years ago as an investment, paid big money into it growing the cash value. It is such a rip-off, get a 250,000 policy, build up cash value to 100,000 to be able to draw off of in retirement. You die, they pay you 250,000 and keep the 100,000
Anyone that has these awful things please do your own research. Dad cashed his in and bought term, don't use insurance as an investment. I'm finishing up a 30 year term policy, I'm 38 Monday. I shouldn't need insurance by the time I'm 69 is my thoughts. |
Prepaying & making payments on final expenses
