Should You Rent or Own Your Insurance?
If you have term insurance, you are renting. Term insurance is only temporary. It is generally necessary in order to offer affordable temporary protection, but it is NOT a long term solution.
Do you rent or own your HOME? Which has the most advantages and which do you prefer?
Insurance is very much the same.
If you have permanent insurance, you own the coverage and it can provide lifetime coverage. It can build equity at competitive rates with significant TAX ADVANTAGES.
You owe it to yourself to be open-minded to the ownership of QUALITY products, not just the cheapest product that may desert you when your family needs it the most.
