Is Personal Investment Plaining (P.I.P) a term used by an life insurance company? ?

Is Personal Investment Plaining (P.I.P) a term used by an life insurance company? ? What company first used the term. Or is it a company located in the John Hancock bldg. in 1970? BEST ANSWER: Try this site where you can compare quotes from the best companies : Compare free insurance quotes RELATED: Any REAL suggestions on the best LIFE insurance company for me to go with? I’m 31 with three children. It’s time I get a life insurance policy. I’ve done research but would like to hear REAL advice and suggestions from others who have life insurance. Also, what are your thoughts on Universal policies? I would like to… Read More

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Is whole life insurance a good investment vehicle and estate planning tool? Or are Mutual Funds better?

Is whole life insurance a good investment vehicle and estate planning tool? Or are Mutual Funds better? I am a Male 29 putting money in 401K upto company match.Ineligible for Roth.Cud max IRA,401K but is tht advised? What about further after tax dollars? These are points I have read on WLI as investment vehicle- Pros: 1)Builds cash value and insures survivors 2)Earnings are tax free 3)Don’t have to pay 50% estate tax when transferring proceeds to heirs 4)Can borrow/take loans against built up cash value 5)Gains advertised on products such as Mutual Funds don’t include taxes on gains and fees. 6)If you get divorced don’t lose half your wealth unlike… Read More

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