Dividend Paying Life Insurance

[Rhett Ruehle]

Recently I have been looking into dividend paying whole life insurance. It seems like it can make some sense, both in the future (as a store of cash as well as the death benefit for my family) as well as using the policy as your own bank to fund things such as rental properties (or down payments on rental properties), cars, etc., in the future. Has anyone purchased this product and if so, is it an investment you are glad you made or not? Thank you in advance! - Rhett

[Aaron Porter]

@Rhett Ruehle  Cash Value Life insurance products are awesome and can create some really unique growth opportunities for your financial portfolio.  Every different policy type has its place and fills a need.  Kind of like using a pipe wrench instead of a pair of pliers.  Both will work but each one has a specific thing it does better than the other.  

Keeping your goals in mind is the best way to build a plan that will help you achieve those goals.