EP 34: Is Life Insurance A Good Investment?

The life insurance industry in the United States is large and growing. According to LIMRA, US life insurance premiums set a new record in 2023 with over $15 billion in new annualized premium sales. Only $3 billion of the total represents term life insurance which means 80% of the new premiums were generated from non-term policies.

When insurance agents endorse the investment characteristics of life insurance, they are referring to permanent insurance which is a blend of insurance and investments.

In this month’s podcast, we discuss how the investment component of permanent life insurance works and how it generally performs compared to other investment options.

If you are interested in learning more about how the investment component of permanent life insurance stacks up against other investment options, we think you’ll enjoy this episode. Thanks for listening!

For more details on permanent insurance, check out our blog post covering the same topic at https://pw-wm.com/learn/investing/is-life-insurance-a-good-investment/