Is life insurance an investment 2024?
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Studied at Stanford University, Lives in Palo Alto, CA
Term life insurance, unlike permanent life insurance, does not have any cash value and therefore does not have any investment component. However, you can think of term life insurance as an investment in the sense you are paying relatively little in premiums in exchange for a relatively large death benefit.
2023-05-14 12:07:19
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Isabella Wilson
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Term life insurance, unlike permanent life insurance, does not have any cash value and therefore does not have any investment component. However, you can think of term life insurance as an investment in the sense you are paying relatively little in premiums in exchange for a relatively large death benefit.