- 281
LGilmore...Please explain below and while I'm at it, I'm still a bit confuse over different things I've read. First of , we are not suppose to sell whole life as an investment, right..2nd
with dividends and cash values, in the end..is that added to the face value. Because I read somewhere here, still confuse about or misread if one is insured for $100k, that is what they will get in the end..but someone else said no, that plus the cash value.
"One word of caution, if you are selling cash value policies and not explaining the concept, but rather pointing at the numbers on a "illustration" make sure your E&O is paid up.
I love Whole Life, I own it, but I would never sell it based on those numbers on a illustration. The concept is solid, the numbers will vary."
with dividends and cash values, in the end..is that added to the face value. Because I read somewhere here, still confuse about or misread if one is insured for $100k, that is what they will get in the end..but someone else said no, that plus the cash value.
"One word of caution, if you are selling cash value policies and not explaining the concept, but rather pointing at the numbers on a "illustration" make sure your E&O is paid up.
I love Whole Life, I own it, but I would never sell it based on those numbers on a illustration. The concept is solid, the numbers will vary."