It "appears" like a win-win type of insurance/investment vehicle, but after doing some research, it seems like there are more con's and risks involved. It's a tax-sheltered insurance policy that also allows you to invest in stocks, mutual funds, etc and all capital gains are non-taxable. I also read that the insurer (at retirement age while maintaining the insurance policy) or beneficiary is able to take out the funds tax free.
Is anyone well educated on these or can offer any insight/experience? It seems too good to be true!
Thank you!
