Business Studies, asked by ssumeon, 10 months ago

Insurance is a good investment option because

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Answered by shreyamore045
0

Answer:

Explanation:

Whole life insurance provides more of an “investment option” with its cash-value benefit. ... A lot of people like to use whole life policies as an investment because the money grows in the policy tax-deferred. Meaning that you won't pay taxes on the interest. This is a great way to avoid paying more taxes than you need.

Answered by anujahbhosale
0

Answer:

Whole life insurance provides more of an “investment option” with its cash-value benefit. ... A lot of people like to use whole life policies as an investment because the money grows in the policy tax-deferred. Meaning that you won't pay taxes on the interest. This is a great way to avoid paying more taxes than you need.

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