Monday, June 22, 2009
Investing money saved on term life might not be slam-dunk once thought
Market downturn highlights the risk of using the age-old insurance strategy
Some financial advisers are rethinking the idea of: Buy term insurance and invest the difference.
That old saw refers to purchasing term life insurance instead of buying the more expensive permanent coverage such as whole life and encouraging customers to invest the money saved.
Following that investing maxim, however, likely didn't work out well for investors when the market cratered...
Investment News: Investing money saved on term life might not be slam-dunk once thought
Some financial advisers are rethinking the idea of: Buy term insurance and invest the difference.
That old saw refers to purchasing term life insurance instead of buying the more expensive permanent coverage such as whole life and encouraging customers to invest the money saved.
Following that investing maxim, however, likely didn't work out well for investors when the market cratered...
Investment News: Investing money saved on term life might not be slam-dunk once thought
Permalink posted by markw @ 4:56 AM 
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