Reader’s Question:

I wonder why many people from El Monte California CA don’t like universal life insurance. Are they daft?

Devin

El Monte, CA

They are, Devin, absolutely not daft. It’s just that life insurance is a personal matter and there is no one-size-fits-all policy. Insurance companies in El Monte California CA and in the country acknowledge that everyone will have their very own preferences, desired benefits and paying capacity, and so insurers have offered several products for the public to choose from.

You probably like higher returns, Devin, and are willing to stake more for it and that is why universal life insurance appeal to you. You probably subscribe to the thinking “o pain, no gain”. In universal life insurance, you can really get significant cash values and dividends but you are also taking a considerable risk because these case values and dividends may also suffer a drop. For traditional investors, or those who’d like a steady flow of cash values generated by their investments, whole life insurance is more appealing. True, cash values may be lower than those handed out by universal life, but at least they are steady and reliable. So it is actually an argument of choice, not of intellect, Devin.

Devin, before you go into any judgment on people, why don’t you just take a peek at whole life insurance policies? It wouldn’t take more than five minutes, give or take, I promise you. Just initiate the survey by entering your El Monte California CA zip code and answer the mandatory questions. If after taking this survey you still feel that universal life is the best one for you, then so be it. This may sound like a line from a movie but it is a person’s personal choice, really.

Tags: life insurance leads, life insurance online, life insurance options, universal life insurance