Nicole Lapin
speaker
12,643 appearances
65 recordings
1 series
first heard Sep 2025
last heard yesterday
Nicole Lapin’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 62 in all, peaking in Oct 2025 with 11.
Appearances
But a portion of what you pay builds into what's called cash value.
That cash value grows at a guaranteed rate over time, and you can borrow against it.
It's a financial asset that accumulates basically inside the insurance policy.
On its face, a whole life insurance policy might sound better.
Term life insurance, you just heard me say.
say where you might end up getting zero dollars at the end because you're alive.
Might sound like a waste of money, and I get that.
And whole life insurance agents will pitch you so, so hard on the cash value component.
And look, it is real.
You can borrow against it for down payment, you can use it as a tax-advantaged savings vehicle, you can pass it down as part of your estate.
The premiums are so much more expensive, and the returns on that cash value are generally modest compared to what you'd be earning.
By investing in the stock market.
So, what did I specifically do?
I got term coverage and I invested the difference.
I got a 20-year policy.
So if anything happens to me before she's age 21, she is covered.
By the time the policy expires, she'll be an adult with her own income.
And my financial responsibilities to her in that immediate survival sense will be much lower.
The reason I chose term.
Over whole basically comes down to this.
Showing 1381–1400 of 12,643 · page 70 of 633
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