Cash Value Life Insurance Is Useful … for Some

NerdWallet - Stocks burned you in the recession. Now low interest rates are keeping you from making money on safer investments. Could cash value life insurance be a solution? The short answer is: Maybe. Here’s the long answer.

Barry Mulholland, an assistant professor in Texas Tech University's personal financial planning department, takes a similar view. Assuming you have a life insurance need, he says, whole life has "a guaranteed rate of return that may rate up there pretty well with other types of fixed-income assets you can invest in."

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