blueridge32 said:Look, I know my stuff,😁 I just haven't had the energy to write out anything useful lately.😁 In my book, an investment life insurance policy is a killer product—way better than basic term life. The only catch is they're a nightmare to sell, so agents don't push them much. Doing the math on the fly is tough, and most folks aren't educated enough to feel confident selling it. Honestly? I'd take it over standard life insurance any day. It’s just way better.🤷
If something happens and you can't keep up with payments, it's a lifesaver—especially if you hit some snag during the year. Plus, the investment portfolio is totally different. I said "different," not necessarily "better."😉 I think you could see something like a 28% return over 4 years,🤔 but hey, that's just me shooting from the hip.
Personally, that's a sweet return. But look, if you actually know how to handle mutual funds and stocks yourself, you're better off doing it solo and just getting a cheap term policy.
It's a decent enough amount, I suppose, especially when you factor in that slice of the pie meant for the insurance company—even someone like Made-off probably wouldn't feel too embarrassed about that.
My bad, I didn't mean to let that slip out. No hard feelings, I guess.
crimsonseal13 said:Give me some details too, I absolutely love trying new things! 🙂
If we're talking about structured financial products with managed portfolios, then I am even more intrigued...
It’s not exactly groundbreaking news, I suppose; they've been selling that stuff over in the Netherlands since all the way back in the early 90s. I think insurance companies ended up setting aside something like 6 billion dollars just to cover themselves because of how "transparently" they were supposed to be informing clients about policy costs, though I stopped following the numbers after that point. 😍I guess it might be worth looking into some kind of compensation, maybe.
Best of luck, I suppose.