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Whole life Insurance policies have gotten a bad rap in some financial circles, but we believe that this is solely because most policies are not structured properly. Today, on this Ask The Money Nerds segment, we look at how to structure Whole Life Insurance policies correctly. We also answer Jason's question, "It is evident our income needs to be greater to afford beneficial plans like this. Do I forget about buying a policy for myself and focus on buying one for my two kids?" Listen in as Dale, the "Human ATM" outlines the differences on policies for adults and children.
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