14-02-2013, 08:40 AM
Life insurance is both an expense and saving, portion of the money goes to premium expense. That's why the common argument of "pay term invest the rest". However it is the same risk I alluded in my previous post: Counterparty Risk. Think AIG. So best to spread out the insurance portfolio over few counterparties.
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)