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Started By
Message
re: Term life vs Whole life
Posted on 4/27/14 at 4:44 pm to TigerSaint1
Posted on 4/27/14 at 4:44 pm to TigerSaint1
quote:
What is your opinion on term vs whole?
Whole is always a rip off and you shouldn't buy it. The only people who should have whole life are people who have a policy in place and have become uninsurable while having it.
3
Posted on 4/27/14 at 5:06 pm to Huey Lewis
Was om this same delima last year. Ended up going with term since I am financially responsible and feel in 20 years I will not need insurance.
IMO whole life only makes sense if you need a tax shelter to dump extra income in. my .02
IMO whole life only makes sense if you need a tax shelter to dump extra income in. my .02
Posted on 4/27/14 at 5:10 pm to Huey Lewis
quote:
whole life only makes sense if you need a tax shelter to dump extra income in.
Bingo! And to hedge riskier investments.
quote:
Whole is always a rip off and you shouldn't buy it.
He poor.
This post was edited on 4/27/14 at 5:14 pm
Posted on 4/27/14 at 7:19 pm to Huey Lewis
up there with the dumbest shite I've ever read. Easily top 10.
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