The theory of decreasing responsibility is a theory in financial planning which basically says that you should purchase enough life insurance to meet your financial responsibilities and no more and that those financial responsibilities will decrease as you become older. Therefore, your need for life insurance is temporary. Would you agree with that statement, in [...]
Entries Tagged as 'buy term and invest the difference'
Whole Life Insurance & The Theory Of Decreasing Responsibility
March 12th, 2011 · No Comments · Insurance & Savings, Philosophy In Financial Planning
Whole Life Insurance vs Term Life Insurance vs Universal Life Insurance
August 8th, 2009 · 14 Comments · Insurance & Savings
Whole Life vs Term Life vs Universal Life insurance. OK, are you ready for round two? Since I keep getting emails and comments on the blog about this, I thought I should devote (yet) another post to this topic. It never seems to get old, which is OK. I could go on proving my point [...]