WHOLE LIFE POLICY A GREAT WAY TO GO!!!
All of you out there are probably thinking to yourselves…what investment can I make that will not only grow my money but also protect it from possible market collapses as we saw last week!
A great way to go is investing in a “Whole Life Policy” This works in the following manner; it acts as a life insurance policy so that your beneficiaries will benefit when you pass, but also at the same time the policy has a cash option that grows as you keep paying into it, so its not like term where you loose everything you put in once the policy expires and its not like a regular life insurance policy where the policy only benefits the beneficiary. The great thing about whole life is you can grow the cash value in two ways….either tie it to the stock market where that cash is invested or choose the option of a guaranteed return usually around 5.4%. So if you are nervous about having your money fluctuate with the market, then go with the guaranteed return.
I would recommend “MetLife” if any of you are going to seek out this type of policy. And for those who are in need of a good Financial Planner that specializes in whole life don’t be afraid to contact me for I will pass over the info of the guy who did my policy.
Until next time
Cheers,
Anthony M. Colasanto
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[...] WHOLE LIFE POLICY A GREAT WAY TO GO!!! All of you out there are probably thinking to yourselves what investment can I make that will not only grow my money but also protect it from possible market collapses as we saw last week! A great way to go is investing in a Whole Life Policy This works in the following manner; it acts as a life insurance policy so that your beneficiaries will benefit when you pass, but also at the same time the policy has a cash option that grows as you keep paying into it, so its not like term where you loose everything you put in once the policy expires and its not like a regular life insurance policy where the policy only benefits the beneficiary. The great thing about whole life is you can grow the cash value in two ways .either tie it to the stock market where that cash is invested or choose the option of a guaranteed return usually around 5.4%. So if your nervous about having your money fluctuate with the market, then go with the guaranteed return. I would recommend MetLife if any of you are going to seek out this type of policy. And for those who are in need of a good Financial Planner that specializes in whole life don t be afraid to contact me for I will pass over the info of the guy who did my policy. Until next time Cheers, Anthony M. Colasanto Share This [...]