Originally Posted by pcola4
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Originally Posted by GmeHunter
No BS folks. If the CEO of a major life insurance company says that deaths are up 40%, then we are probably about 3-6 months away from life insurance rates going up. It takes time for the data to come in and for actuaries to figure it out.

If you are vaccinated, then buy it now in case something happens. If you are unvaccinated and may need it in the future, then buy it now too.

By buying it now, you are locking in the lower rates before it gets expensive.

Just my $.02 and no I don’t sell life insurance.

We just called our agent and did two apps for a 30 year level term and a universal life policy. I can already see what is probably coming.


Stay away from Universal life insurance. I sold insurance for years and 90% of Universal policies don't make it the way they are planned. Most folks run out of money in the plan way before they should. Stick with term and invest the difference. If you have plenty put back for retirement then use whole life. Some benefits to that plan but most people only need term.


I would agree normally, but a policy of $150k universal life is a good fit for me. I am not in the all or nothing crowd. Having a small amount of universal life and the rest (higher amount) term is a hybrid that works for me.

https://ibb.co/zm9H3wW