all insurance is term anyway?

do you understand the rule of 72 and compound interest. why should anyone have to borrow their own money it is yours why borrow it and then turn around and pay interest on your own money. most of these companies capitalize on the ignorance of the people they know we do not know how money works?

so many people miss the tax benefits of WL.. if you make more than $200k you can't do Roth… this is a great way to get a big block of tax advantaged money in retirement AND if you die your business/family can stay afloat from the immediate tax free benefits that pay out. But for many folks that make less, just buy cheap term and fund a Roth, most times that's a better bet.. One last thought, WL really is a nice "forced savings" plan for folks that have a hard time saving money these days (almost everyone).. I've sold over $1m annual premium over my career and very few of these folks every miss a payment… and they never would have saved that money otherwise.. just some thoughts, it's not for everyone though?

ONLY BUY TERM INSURANCE DUMIES. US THE DIFFERENCE U SAVE WITH TERM AND INVEST IT IN SOME SORT OF ESTABLISHES FUND OR ROLLNTHE DICE AND BUY A HOT STOCK. DUMP UR FINANCIAL ADVISOR?

whole life you not only have to pay interest to borrow your only money but you only can get the bigger of the two the face valu ess of the policy or the savings part of the policy but not both. I invite people to call me for more info. and get term insurance to setup an appointment call 616 717 1864?

at one time the insurance companies would only sell black people or poor people in general Whole Life that is the only insurance they would sell them. all insurance is term from what I have studied?

why should you have to borrow your money?

If you are not wealthy, have health issues, very low amount of debt and are offered an amount of whole life insurance that when you determine the years you must pay to reach the amount of the policy payout (not taking into consideration that you can borrow against it and get half the amount yourself in the last year of your life if terminal) – it's a win win for someone like myself. Should I live to be 81 (the age where payout equals payin) – there's enough to borrow or cash out at that time. And I doubt I'll live even close to that time. I'm not talking about much money to many people – but for me buying at age 54 with no health questions period was a no brainer.?

Whole Life Insurance is the Biggest Rip-Off known to mankind!! Term Insurance is the beginning Life Insurance not Whole Life which is in reality a decreasing term policy with a savings program attached that benefits the Agent and the Insurance Company and Rips-Off the Consumer!! Why pay for Insurance when the Company keeps your Cash Value?!! Why pay into a savings account that does not start to grow until 3 years into the Policy! If you went to your neighborhood bank and deposited $100.00 per month and at the end of three years you have a negative 100% return on your money because the bank kept it for themselves, would you continue doing business with that bank?! No, then why get a whole life insurance policy does the same thing!!!! Rip-Off!!!!!!!?

Must be a lot of Primerica agents trolling the site. Buy term and invest the difference is obsolete. Our life expectancy is now too long and with a topsy turvy Wall Street people will not have enough assets to live 20-30 years after retirement on what they accumulate in investments and keep the same standard of life. Also doesn't account for catastrophic illness. It's a shame that many of these agents are indoctrinated in methods that was effective when door to door sales was effective.?

COPY AND PASTE

http://www.sellinsurance.online

INTO YOUR ADDRESS BAR?

US TREASURY DECISION NUMBER 1743. "That dividends declared by participating companies in a commercial sense of the word, but are simply refunds to the policyholder of a portion of the overcharged collected, which overcharge is merely held in trust by the company issuing the policy..?

buy term invest the difference?

The problem with Whole Life Insurance is that it was classified wrong and for that reason missunderstood.?

If you are sincerely writing and working with families up to the high end ranges you will then understand the value of whole life insurance. Otherwise you will not understand its value. Suzi does not understand the value of whole life. Its a shame. ?

Just get term life and take the savings invest in low cost stock ETF's.?

I have learned that the more opinions I read or listen to, the more I realize that many people do not know jack.?

Life insurance is not supposed to protect you in old age. It is to give income to a young family in case the main breadwinner who brings in the income dies. All this talk in the comments below about an 85 year old not being able to get insurance is ludicrous. This is how life insurance salesmen scare people. Your supposed to build up assets and save your whole life. You should invest in index funds or real estate. Life Insurance is not a way to build up assets. It is useless. Maybe whole life insurance can maybe be used to extremely wealthy families with estate taxes that need to be paid, but for anyone with a net worth below $10 million there is no need to ever touch a whole life insurance product. ?

Does everyone agree that there is no need for permanent insurance? Term expires. UL has a lot of moving parts and perpetual expenses. What else is there??

Also, the emphasis on the dividends..c'mon guys. The client is already paying 10X as much for the same coverage as of a term policy. Whole life makes no sense, anyone selling them knowingly is a scum bag.?