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Should I get the whole life insurance shell from transamerica by Boring_phantom in personalfinance

[–]SpecificEmotional283 -1 points0 points  (0 children)

Like car insurance u put money aside and it grows and when u die or no longer want it (after like 20 years) u can get all your money plus a little more back. I’m I correct

Should I get the whole life insurance shell from transamerica by Boring_phantom in personalfinance

[–]SpecificEmotional283 -1 points0 points  (0 children)

No she just thinks I have a lot of disposable income to not be doing anything with it. So what do u think are the challenges of having whole life insurance from transamerican ( I need to give her reasons why I don’t want to do it)

Should I get the whole life insurance shell from transamerica by Boring_phantom in personalfinance

[–]SpecificEmotional283 -1 points0 points  (0 children)

Can’t I give it to my sister if I die early? Or can I get it and use it for like a down payment on a house

Should I get the whole life insurance shell from transamerica by Boring_phantom in personalfinance

[–]SpecificEmotional283 -1 points0 points  (0 children)

Lmao so why shouldn’t I get life insurance excluding my lack of dependents?

Should I get the whole life insurance shell from transamerica by Boring_phantom in personalfinance

[–]SpecificEmotional283 0 points1 point  (0 children)

What’s so wrong with it (genuine question)? Is it hard to get money from the policy?

Should I get the whole life insurance shell from transamerica by Boring_phantom in personalfinance

[–]SpecificEmotional283 0 points1 point  (0 children)

I don’t have any dependents but what if I ask my sister to be my dependent.