The other day I was caught up in a debate with a colleague about a certain sales technique used to sell Whole Life Insurance policies.
Whole Life Insurance just feels like an old stodgy form of clothing that people just don't wear anymore. It feels incredibly dated.
As insurance agents, we have all sat through sales seminars that push the boundaries. Sales ideas that seem... very one sided.
Yet Insurance Agents on a daily basis are pushing whole life as a retirement product?
With the numbers so in favor of Term Life as the basic starter option, than why is Whole Life pitched by so many insurance agent?
Do I personally, want Life Insurance for my whole life? Not if I live the long life I imagine.