Whole Life Insurance offers tax-free investing in addition to a tax-free death benefit.
Most people are unaware that whole life insurance is one of the most stable investment vehicles available to anyone who is healthy enough and with stable cash flow to fund their policy.
As interest rates are predicted to climb steadily over the next few years, insurance companies will make billions in profits. These profits are partially translated into the annual dividends paid into the whole life policies.
It’s also very possible that the dividend scales of insurance companies will begin to increase as interest rates increase.
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