New Orleans CityBusiness - Advice about life insurance: In Other Words
Thelma Cook
— Dan Burghardt Insurance Agency life and health insurance agent
Yes. A lot of people are looking to universal life policies because they build up cash value and, at a certain time in the policy term, the insured draw interest out of the funds that have accumulated.
Jack Duvernay
— Eagan Insurance Agency insurance associate
Life insurance products that offer a guaranteed return, such as return of premium term life or universal life, may be more attractive to conservative investors during an economic slowdown. Volatile, riskier investments usually perform better in a strengthening economy.
Cindy M. Mattingly
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— Ray Artigues and Associates vice president
Obviously, asking a life insurance professional, the answer would be of course. In actuality, life insurance has always been a very good investment in that it is the one thing that can guarantee one’s future security and that of his or her family or business. A guaranteed death benefit payable tax-free to one’s heirs is a beautiful thing.
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