The whole-life tag has no wiki summary.
5
votes
4answers
864 views
Timing on cashing out whole life policy?
8 years ago I was talked into a whole life policy. Big mistake, I know. Currently, the cash value of the policy is around 50% of what I've actually paid in premiums. I would like to cut my losses but ...
4
votes
1answer
796 views
How should I represent a Whole Life insurance policy in Quicken?
I have a Whole Life insurance policy (actually Northwestern's Adjustable Combination Life) and I track my finances through Quicken 2011. What is the best way to set up an account to track payments ...
3
votes
1answer
64 views
How to do long-term financial planning if your career is expected to be international?
I am thinking of getting life insurance and starting to think seriously about retirement (I'm going to turn 30 next year), but I expect that I will live in a couple of different countries over the ...
6
votes
4answers
4k views
“Infinite Banking” or “Be Your Own Bank” via Whole Life Insurance…where to start?
I've been researching the concepts of "Infinite Banking", "Be Your Own Bank", etc., as they seem to be hot topics right now. At first, I was extremely skeptical about the concept, however, I believe I ...
9
votes
4answers
3k views
When is Cash Value Life Insurance a good or bad idea?
What makes CVLI either good or bad? If you get it while young (~23 years old) and have a respectable starting salary then what are some benefits or detriments to having it?
The specific policy I'm ...
12
votes
5answers
800 views
Why should I invest my money in a life insurance policy?
As i am 24 now i get lot of calls from lot of insurance companies asking to take up an insurance policy.... So i decided to get answers for some of my questions in basicallymoney...
Why should i ...
10
votes
3answers
183 views
What kind of life insurance is cheaper? I'm not sure about term vs. whole vs. universal, etc
What kind of life insurance policies are the cheapest? what are the features of different kinds of policies out there? What should I be looking for?
