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What Kind of Life Insurance?

What Kind of Life Insurance should you select to fund your Life Insurance Retirement Plan?

You have several to choose from, ranked in order from lowest risk to highest risk:

  1. Whole Life
  2. Universal Life
  3. Index Universal Life
  4. Variable Universal Life

There’s no rule that says you have to pick only one type of life insurance policy. Any person that says one policy is always better than any other is an amateur and should be avoided like the plague. A prudent investor diversifies their portfolio, and that same wisdom applies to using life insurance as a retirement supplement.

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