In a recent article by RUSSELL E. TOWERS, J.D., CLU, CHFC, he shares three very beneficial reasons to own a permanent cash value life insurance policy. What he shares just might surprise you!
Now, before you toss this in the trash and tell me what all the “Radio Financial Experts” have to say, take four minutes and read this with an open mind. Cash value life insurance has been around for a couple hundred years and has allowed many successful people start or keep a business running by using some of the benefits listed.
Read the enlightening article here.
Did that surprise you? Did you know about all the benefits of cash value life insurance?
Most people are surprised, however, once they see the benefits and how it can help them both now and in the future, they take advantage of a policy like this.
The problem with the ‘buy term and invest the rest’ concept is that most don’t do the investing. That is just one more thing to set up, keep track of, and make changes to each month. You may be the savviest investor and can pick the best stocks or mutual funds on any given day, but frankly, most people just don’t have the time or desire to go through all that hassle.
All term life insurance is not bad, as there is a right time and place for it, although your long-term financial goals are better met with a cash value policy.
If you would like to find out how a cash value life insurance policy may work for you, please contact me for a no-obligation review.