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Guest
Guest
Hi, I am starting my new career tomorrow. Quick question please. Why will someone buy a whole life policy on a young child vs a savings account etc...? Other than the death benefit, ( which really would mostly benefit the survivors. It will accumulate some cash value over time but it seems to be only a small amount of the premium going into the cash value part of the policy. And the policy only adds the monthly average interest once per year. How can i demonstrate value here? Thank you!