2min chapter

The YNAB Podcast cover image

Ask Jesse: What's the Deal with Whole Life Insurance?

The YNAB Podcast

CHAPTER

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.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode