What if you could combine the best elements of investing and insurance, and get a financial product that would simplify your financial life? It’s a touchy subject, for sure, but the survey says: you’ll be swimming is cash with a properly designed whole life policy. Properly designed is the key phrase here. A previous discussion [...]
Entries Tagged as 'universal life insurance'
What You Should Know About the Internal Rate of Return on Whole Life Insurance Cash Values
March 18th, 2011 · No Comments · Insurance & Savings
Dear Dave: I Hate Life Insurance
January 14th, 2010 · No Comments · Insurance & Savings, Retirement Planning
I get hate comments once in a while, and while it’s easy to pick on some of them, sometimes people do bring up important points that are not understood very well by the general public. Sometimes, just sometimes, I think of something to say to the legions of Suze Orman and Dave Ramsey fanatics. I [...]
Universal Life Policy: Is This Flexible Insurance Contract Right For You?
March 28th, 2009 · No Comments · Insurance & Savings
A universal life policy is a type of insurance policy that I am sometimes asked about when talking about life insurance. This is probably the most popular type of permanent life insurance since whole life fell out of favor in the 1980s. What started out as a fad (buy term and invest the difference) became [...]