Thread: Life insurance?
View Single Post
Old 11-23-2012, 11:51 AM   #5
5ynd1cat3
Registered User
 
Join Date: Oct 2009
Location: Cincinnati
Posts: 476
My Ride: swagger wagon
Quote:
Originally Posted by Raymond42262 View Post
Whole Life Insurance grows in value and it cannot be taken from you in a divorce, lawsuit or bankruptcy.
Whole life is also one of the worst financial products known to mankind. You're better off with a term policy and put the difference in a savings account.

Stick with term, that's all you need. Whole life policies just pay for the agent's kid's college.

Sent from my obamaphone
__________________
5ynd1cat3 is offline   Reply With Quote