Myths, Mysteries & Misconceptions #20: Part Of Your Premium Goes To A Savings/Investment Account
Yikes!
No.
Just. No.
You have no savings account by owning a whole life policy.
You have no investment account by owning a whole life policy.
A Whole Life Policy is not part insurance and part savings.
I mean, I could go on (and in fact I do, as there is a video on this here) but, you get the idea.
There’s more to this misleading idea than at “face value” (pun intended;)
Let’s clear this myth up!
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