View Single Post
  #55 (permalink)  
Old 04-11-2008, 01:01 PM
LuckyJB LuckyJB is offline
$ Saving Fourth Grader
 
Join Date: Apr 2008
Posts: 33

Points: 215.00
Donate
Default

Quote:
Originally Posted by disneysteve View Post
Life insurance IS NOT an investment, but what the agents sell you on is the cash value of whole life policies. Part of your premium pays for the death benefit and part goes into an account and builds up over time. You can draw on that money while you're alive or, after you die, it gets added to the death benefit.
Ya thats what I do with my insurance....
Reply With Quote