Agreed. Whole Life is easily 10-20 times the cost of term, AND the cash-out, from my experience, is pennies of what you even put in.
Anyway, we pay $500/YEAR for term coverage. I have seen quotes like $10k per year for the same coverage under whole life. You'd be much better off investing the difference saved.
Last edited by MonkeyMama : 10-28-2009 at 01:37 PM.
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