That sounds like a myth concocted by insurance agents. If you count all the extra payments made before you actually start needing life insurance, the modest rise in premiums does not compensate for all the money wasted by such a “prepayment”.
That sounds like a myth concocted by insurance agents. If you count all the extra payments made before you actually start needing life insurance, the modest rise in premiums does not compensate for all the money wasted by such a “prepayment”.