Speaking of high cost premiums universal life based policies pretty much take the cake. Doesn't much matter which, fixed, indexed, or variable, all have the same rising costs and a multitude of fees.
I also don't understand why so many people say it's flexible. The whole flexible premium thing is more myth than anything else.
Whole Life Insurance brings a lot of flexibility to the table from a planning point of view.
(btw, what happened to life insurance isn't an investment?)
I also don't understand why so many people say it's flexible. The whole flexible premium thing is more myth than anything else.
Whole Life Insurance brings a lot of flexibility to the table from a planning point of view.
(btw, what happened to life insurance isn't an investment?)