You are viewing a single comment's thread from:RE: Bank on yourself, a book reviewView the full contextView the direct parentshortsegments (77)in #bank-on-yourself • 6 years ago Okay. What about the high cost of coverage compared to term insurance?
You actually include a term rider with this policy, so you get some inexpensive term insurance along with the advantages of WLI.
Plus the return of premium tax feature is perfect. You get a dividend each year when the company returns its excess premiums to the policy holders. But it’s not taxable since it’s the return of your after tax dollars.