Life Insurance in Times of Uncertainty

Cordell, David M.; Langdon, Thomas P.
September 2009
Journal of Financial Planning;Sep2009, Vol. 22 Issue 9, p32
Academic Journal
The article focuses on the authors discussion on whole life insurance in the U.S. They note that the financial difficulties offers an opportunity to review basic principles of financial planning. They suggest that the slow and steady rates of whole life insurance are more attractive following the financial crisis which also makes an excellent emergency fund. Moreover, they explore the benefits,provisions, and policies under whole life insurance. They also offer a brief history of universal life insurance. They caution that whole life insurance are not good for everyone particularly for those with critical death benefit needs and minute budgets.


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