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Message
re: Whole Life Insurance Lapse Rate
Posted on 1/26/14 at 6:43 pm to GoCrazyAuburn
Posted on 1/26/14 at 6:43 pm to GoCrazyAuburn
quote:
GoCrazyAuburn
quote:
Look man, you are obviously trying to find a reason to not get whole life. That is fine. There are plenty of reasons for that.
I don't think you can help me. Thanks for your attempt, though.
Maybe someone with a very good understanding of statistics can look at the link I provided, page 19, and verify my 80% conclusion.
1
Posted on 1/26/14 at 6:50 pm to Stingray
I'm not trying to disprove or verify the 80%, I don't really care either way.
What does it matter? You've yet to be able to show how that changes your individual ability to get the death benefit when you die. Your analysis doesn't match up. You have yet to explain how this makes whole life a bad thing. You are trying to use a statistic to explain great differences in individual circumstances.
Again, by your logic, nobody should ever buy life insurance. Am I mistaken?
What does it matter? You've yet to be able to show how that changes your individual ability to get the death benefit when you die. Your analysis doesn't match up. You have yet to explain how this makes whole life a bad thing. You are trying to use a statistic to explain great differences in individual circumstances.
Again, by your logic, nobody should ever buy life insurance. Am I mistaken?
This post was edited on 1/26/14 at 6:52 pm
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