So I am currently in the verge of paying $25/mo for Whole Life Insurance. I see a lot of people saying it’s a scam but I don’t understand. If the premium stays the same at all times, the term is covered for the rest of your life and it builds some sort of cash value whilst earning some dividends then this can be a good savings.
Let me know if $25/mo is not worth doing and kindly explain.
Submitted June 25, 2022 at 11:36PM by herbertpp https://ift.tt/pVA6WNO