I’m shopping for life insurance for my wife, son and I. Which life insurance is best?
I also have term life insurance from my employer but I still wanted to shop for different options including the one that gives dividends.
- Apple / EngJCmS82I bought liberty mutual but am not dead yet so can’t comment on how well it works.
- Apple / EngJCmS82Yeah. Ten year term, just enough for my wife to pay off the house and live for a few years. Just wanted coverage through the time when my kids are grown so term made sense for us.
I’m I’m still employed when I croak then they get 10x annual salary and stock vests immediately I wanted both just in case something happens and I lose my job while sick.
- As an internal, i can say that we provide a great customer service to our customers.
- I did a huge deep dive with this and have some advice that’s contrary in to the main stream. High cash value whole life policies are an awesome financial vehicle. Penn Mutual stands above the rest. 5.5% rate of return which is tax free like a Roth. But the beauty is you can borrow against the cash value policy to create leverage that you can reinvest In other assets. If you do this to your LLC the interest is a tax write off as well.