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Whole Life Insurance Is Not Taxed, It's Advantaged
The commissions for whole life insurance products are excellent. As far as if someone's selling them, they're really, really good and far higher than with term insurance policies. There's not a lot of profit in term insurance. Insurance companies need to make a profit too, but it's just not as much. And I just could not see how it possibly was better than me just investing in the market in a plain vanilla dirt cheap index fund.