Doing the Perm/Term Squirm Part 3 Participating Whole Life Policies

    I n some ways, life insurance is like fashion: today’s trend is next year’s embarrassment and next decade’s craze. Participating whole life (“par”) policies are a great example of this phenomenon. They have been around a long, long time but fell out of favour when universal life (“UL”) policies came into vogue. In fact, many of the larger companies even stopped issuing new Par Policies for...