I'm trying to understand my life insurance more to determine whether I should keep my whole life policy, trade to a different company, or surrender it and buy a term life policy.
I'm trying to look at different investment options and decide if my cash value is better placed in a high interest earning account (which would make it taxable income), remain in my whole life (where it won't be taxed? I think...), or moved to a different whole life policy with a better rate of return.
What I want to know is: Are there policies out there with better rates of return than what I have? My rate is
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I'm trying to look at different investment options and decide if my cash value is better placed in a high interest earning account (which would make it taxable income), remain in my whole life (where it won't be taxed? I think...), or moved to a different whole life policy with a better rate of return.
What I want to know is: Are there policies out there with better rates of return than what I have? My rate is
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