By: Jon Dulin
In reply to <a href="https://compoundingpennies.com/term-life-insurance-popularity/#comment-31257">Crystal</a>.
Good luck! Hope you find some good stuff!
By: Jon Dulin
In reply to <a href="https://compoundingpennies.com/term-life-insurance-popularity/#comment-31301">Scott</a>.
Interesting stats Scott. I didn't know that. It would be interesting to read up on some theories as to why this is the case.
By: Scott
Term insurance is where the insurance companies make the bulk of their money. The fact is over 90% of the claims are made against whole life policies. I personally have both term and whole life, I bought my whole life 7 years ago at age 25. Now it increases in value more than I put into it each year. I need to make some sacrifices to buy even more.
By: Crystal
I didn't know about return-of-premium riders. This seems a great way for some folks to build savings while simultaneously protecting their family from financial disaster. Off to do some more research...