Can Life Insurance Be Sold As An Investment?

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    Larry GilmorePRO
    Agent Owner, Gilmore Insurance Services, Marysville, Washington State
    Can life insurance be sold as an investment?  Short answer "yes". Now the difficult part, define investment? Does life insurance fit the current version of the definition of the word investment? I say current version because what is and what isn't an investment has changed over the years. Now days investment as a definition carries far more RISK in it than can be found in a traditional cash value life policy.  Should life insurance be a part of a person's investment portfolio? In most cases yes as life insurance can be part of a financial plan that fits a person's risk tolerances. But life insurance shouldn't be primarily sold as an investment. State insurance offices frown upon it, yet an entire segment has been set up to sell life policies on other people as investments for the death benefits.
    Answered on June 18, 2013
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