Life Insurance : Investment options
Here is a good article on what type of Life insurance you should choose in case you want to use it as an investment option..
When the stock market does well, it becomes easier for life insurance companies to sell "permanent life" products that grow in value in step with general increases in the stock market. Unlike term life policies, which only pay when the insured person dies within a specified period, permanent life policies are not restricted to a specific period and accrue cash value.
Read on: Is life insurance a good way to invest?
Source: http://www.chicagotribune.com
When the stock market does well, it becomes easier for life insurance companies to sell "permanent life" products that grow in value in step with general increases in the stock market. Unlike term life policies, which only pay when the insured person dies within a specified period, permanent life policies are not restricted to a specific period and accrue cash value.
Read on: Is life insurance a good way to invest?
Source: http://www.chicagotribune.com
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