Permanent Insurance Options

Choose between two permanent Life Insurance policies for your investment:

Whole Life

Pros:

• Provides a yearly dividend based on your cash surrender value (CSV)

• Hedge against inflation

• Can borrow against your CSV in the 1st year with no surrender fees

The rich man's savings account

Cons:

• Limited income earning potential

• Smaller death benefit

Universal Life

• Can invest in ETFs in a tax-advantaged manner

• High growth potential

• Ability to overfund as income increases

The rich man's investment account

Cons:

• Can borrow without surrender charges after 9 years

• Can lapse if market crashes

Pros: