Quote:
Originally Posted by arthurb999
Couldn't you just invest in the same things the whole life invests and come out better becasue of lower expenses?
|
Of course you could, but no insurance salesmen will ever tell you that because they make a huge amount of money on the commissions on these policies.
The other point that is important to keep in mind is that amount of insurance you get for your money is way, way higher with term than with whole life dollar for dollar.