Should you buy term and invest the difference?

An old verse written many years ago:

Eat ham without eggs and invest the difference

Have your children quit school at 16 and invest the difference

Get rid of your kids, take in boarders, and invest the difference

Don't dress for success, buy cheap clothes, and invest the difference

Sell your car, buy a moped, and invest the difference

Sell your home, move to the slums, and invest the difference

Stop taking showers, walk in the rain, and invest the difference

Stop reading, ask your friends what's going on, and invest the difference

Don't buy a radio, hum, and invest the difference

Cease planning, ad lib, and invest the difference

Don't vacation, join the Army Reserve, and invest the difference

Give lip service, not real service, and invest the difference

Don't pay taxes, go to jail, and invest the difference

Cancel your permanent insurance and invest the difference...

It makes as much sense

The question of which makes the most sense -- term or permanent life insurance -- is an old one, and the answer is rarely simple, except to people who perpetually live beyond their means.

A professional life insurance agent collects all relevant facts, and makes recommendations based upon those facts. To do otherwise is malpractice. 

The purchase of life insurance is a serious decision, with significant financial implications for your family and business. That is why it is always a good idea to use a professional life insurance agent when purchasing life insurance. The best choice is an insurance agent that has earned the professional designation, Chartered Life Underwriter. 

For a complimentary review of your coverage needs, please call (800) 680-5596 or click on the Contact button in the menu.