Among other things, our whole LI policy from a mutual company with PUA possibilities is a major component of our retirement package. We have also used our LI, when we ran a business, as instant cash, in form of loan, to tide us over, which we carefully repaid and then used again and again
Among other things, our whole LI policy from a mutual company with PUA possibilities is a major component of our retirement package. We have also used our LI, when we ran a business, as instant cash, in form of loan, to tide us over, which we carefully repaid and then used again and again
You might want to present Nelson Nash's book "Becoming Your Own Banker" as a possible resource on whole life insurance's living benefits
Good suggestion, Doug. I will bring that up when I do the investing series, addressing these other types of insurance that build cash value.