Life Insurance

[gary17]

I don't see a lot of discussions on life insurance on this board - trust a lot of people here are good at investing money

 

what are people's view about life insurance?  do you own life insurance? is it just a term life insurance (i.e., pay a lump sum at death)

 

or life insurance plus investment - almost using it like a registered tax free account - which at some point can be used as a collateral for loans from the bank (for retirement) --  ???

 

any thoughts greatly appreciated

 

thanks

[plato1976]

I have a term life insurance - 20 years

I only need to make sure kids have enough support until they are in college

 

I don't see a lot of discussions on life insurance on this board - trust a lot of people here are good at investing money

 

what are people's view about life insurance?  do you own life insurance? is it just a term life insurance (i.e., pay a lump sum at death)

 

or life insurance plus investment - almost using it like a registered tax free account - which at some point can be used as a collateral for loans from the bank (for retirement) --  ???

 

any thoughts greatly appreciated

 

thanks