The Truth About Cash Value Life Insurance
Jul 27, 2008 Finance
Cash value life insurance vs term life insurance
One of my friends works for MetLife. She is a new agent, and we tried to help her by purchasing insurance policies for me and my wife. Back then, we had no idea what we were getting into. Everything she explained to us sounded good. We were told that at the end of the term we can get our premium back and we can get it out any time we want. For two policies we paid $300 every month.
After reading a number of finance books, I've started to realize that I've made a huge mistake with my life insurance; Another poor choice made. In this post, I will tell you everything about cash value life insurance and why should you avoid it.
Tags: insurance, money, personal finance