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re: Term or Whole? Insurance

Posted on 4/30/14 at 9:55 pm to
Posted by olemissfan26
MS
Member since Apr 2012
6242 posts
Posted on 4/30/14 at 9:55 pm to
I'd say do whole to the amount you can afford and term to cover the rest so you are at least getting a little return on the investment

ETA: what I'm saying is a mix of both is good
This post was edited on 4/30/14 at 9:57 pm
Posted by CidCock
Member since Sep 2007
Member since Feb 2011
8631 posts
Posted on 5/1/14 at 6:40 am to
Term is so cheap, invest the difference. 40% of police holders cancel it. The policies are so backloaded, you basically get nothing out of it. They make it too much of a loss to cancel the policy.
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