OLD STYLE LIFE INSURANCE MAKES A REBOUND-- WHOLE LIFE by Jim Kaighn

Over the past 15 to 20 years, almost all people have heard about has been TERM INSURANCE. Either in mailings or television ads or newspapers or
so-called expert financial planners on the radio..ALL are touting the greatness of TERM INSURANCE and if you have extra money to invest or save for the future, put it in Mutual Funds or stocks or bonds.  As many financial planners are very willing to take your money and say they know what is best for you to earn LARGE gains in the stock market, and as they get their commissions of your money, EVEN IF YOU GAIN MONEY OR LOSE MONEY, they will get their commissions.  With the way the stock market has had very good years and very bad years, they get paid!!! BUT, there has always been a very good and steady earnings tool that was very good for nearly 100 years in earning people a gain on their money and they did not even know it was or could do so!!  WHOLE LIFE INSURANCE--this type contract has always been, primarily, to pay a family at the death of the breadwinner, a sum of money to replace that persons income.. most people have always said "I have to die to win"..The reason for that thought is agents never explained the 'LIVING BENEFITS.." BLANKET STATEMENT . Whole Life Insurance GUARANTEES you money growth within your policy, year after year, no matter what the economy is doing.. As the years go on, it is a constant value that people will know that they have a money source they can turn to for emergency borrowing or saving it up for retirement.. Almost all insurance companies in the ,40's, 50,s and 60,s.. all sold this type of insurance..But the bigger companies added another savings idea into contracts called DIVIDENDS..
 
Along with the GUARANTEED CASH VALUE, DIVIDENDS, ADDED AN EXTRA JOLT OF MONEY VALUE INTO TO POLICY that made the internal value the "LIVING BENEFITS" grow very fast and very large..It was easy for a policy owner to keep track of his money value, they did not need a FINANCIAL PLANNER to tell them the value of their fund, they did not have to pay a PLANNER to manage these monies, it is all done within the WHOLE LIFE INSURANCE POLICY!!!  Also, it is possible to take money out of the plan with no INCOME TAX to pay..You do not have to be a financial wizz to obtain your value or retrieve your money!!!!!!!!!!!!! But, since TERM LIFE INS.  has been the wave of the future, this policy , this forgotten WHOLE LIFE INSURANCE IS BEGINNING TO MAKE A GREAT COMEBACK.. Older agents ,like myself, who sell these plans are beginning to offer it to their clients again and tell them there is another place money can grow for you, maybe not as glamorous as the stock market or mutual funds, where you can lose fists full of money and take years to recover those losses, NO MONEY IS LOST IN WHOLE LIFE INSURANCE, no matter what, it keeps on growing up.. as long as you pay your premiums to keep the LIFE INS.active, your money will never go down.. it is steady..As a very wise man, MARK TWAIN, said "I am not as worried about the return ON  my money, as I am on the return OF my money".. I am not saying that WHOLE LIFE INS. is the only place to earn value, but it should be considered as a extra way!! If anyone wishes to contact me with questions on this topic or any other insurance topic, you can call me at 252 202 5983 or 252 335 5983, or e-mail me at WWW.INSDR@ROADRUNNER.COM...
Until next month, HAPPY TRAILS TO YOU!!