While whole life insurance is generally expensive, you’re not only paying for the permanent death benefit but also for other guarantees (e.g. premium amount, duration, cash value). Something about guarantees is easy to plan around. In terms of asset distribution, much like any cash-equivalent, whole life insurance offers the advantage of being safe and predictable.…
The post The Exception to the Rule: When Whole Life Insurance Makes Sense appeared first on Student Loan Planner.
The post The Exception to the Rule: When Whole Life Insurance Makes Sense appeared first on Student Loan Planner.