Jun 17, 2022
5:18:13pm
5:18:13pm
Almost certainly not, and probably not, unless those people also had a huge
windfall that gives them a big pile of money - be it inheritance, getting lucky in the market, or whatever. But it's all in the details.
You usually need, in my opinion, generational-type wealth in order for whole life insurance to actually make sense. It's such a very, very, small portion of cases where it's better than the alternatives.
You usually need, in my opinion, generational-type wealth in order for whole life insurance to actually make sense. It's such a very, very, small portion of cases where it's better than the alternatives.
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- kos
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- Jun 8, 2024
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6/17/22 5:01pm
6/17/22 5:07pm
6/17/22 5:16pm
6/17/22 5:42pm
6/17/22 5:01pm
I always hear this but never hear those situations, could you or someone else explain a hypothetical where it works?
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6/19/22 11:26am
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6/17/22 5:18pm
6/17/22 6:46pm
Ask him: "With respect to your advice on this whole life policy, are you a fiduciary?" and post his response here.
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6/18/22 10:09pm
The exact commission paid to the agent on the contract should be a disclosed line item on the contract.
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