Larry is absolutely correct. I have said basically what he did in some other posts some time ago.

Whole life insurance is a VERY misunderstood financial tool. When laid out in an apples-to-apples comparison with other basic financial products, it compares extremely favorably. In many cases, its guarantees will outstrip those of riskier invstements.

Whole life is also many times sold for the wrong reasons by people who don't understand its power.

Don't be turned off by a commissioned product, though. ALL financial products have some sort of compensation attached to them in some way, either directly or indirectly. The insurance industry is just out there in the open for all to see rather than buried in a prospectus.

Larry seems to get it, though. You might want to send him the plan the other guy put together for a second opinion.

Jim B.

Zip Code: jboylecpa@yahoo.com