This post is the second in a series discussing the ins and outs of life insurance. You can read part I here.
The previous post in this series discussed some of the key differences between term and whole life insurance. My personal belief is that buying term and investing the difference is a superior decision for an overwhelming majority of people. There are a few cases in which purchasing whole life might make more sense for some people. To see a full breakdown of these hypotheticals, check out this blog post.
The post will delve into the reasons many life insurance salespeople promote when selling insurance. Hopefully, this information can help make you aware of the full spectrum of information so you’re better able to make an informed decision.Read more