Two Cents

Is Whole Life Insurance a Scam?

2020 • E4    Feb 19, 2020    7m
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Have you ever been offered Whole Life Insurance as an investment opportunity? If so, you might be wondering... "Is this for real?"

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sources:

https://www.thesimpledollar.com/insurance/life/four-reasons-i-would-never-buy-whole-life-insurance/

https://www.loma.org/Posts/Spotlight/A_brief_history_of_life_insurance.aspx

https://www.consumerreports.org/cro/news/2015/04/is-whole-life-insurance-right-for-you/index.htm

https://www.whitecoatinvestor.com/debunking-the-myths-of-whole-life-insurance/

https://www.iii.org/article/what-are-different-types-permanent-life-insurance-policies

https://www.bankonyourself.com/how-bank-on-yourself-whole-life-insurance-policy-loans-work

https://topwholelife.com/whole-life-insurance-dividend-rate-history/

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Two Cents was created by Katie Graham, Andrew Matthews, Philip Olson CFP® and Julia Lorenz-Olson and is brought to you by PBS Digital Studios. We love dropping some knowledge on all things personal finance and helping you make better money decisions.

Two Cents is hosted by Philip Olson, CFP® and Julia Lorenz-Olson

Directors: Katie Graham & Andrew Matthews

Written by: Andrew Matthews

Executive Producer: Amanda Fox

Produced by: Katie Graham

Edited & Animated by: Sara Roma

Images by: Shutterstock

Music by: APM

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