"Wealthier households" refers to families or groups of people who have a higher amount of money, assets, or resources compared to others. Full definition
A common misconception is that life insurance is only appropriate for wealthy households who've fully funded tax advantaged accounts or to allocate required minimum distributions to policy premiums. (insuranceandestates.com)
But don't forget that this figure is lifted upward by a small number of wealthy households. (moneysense.ca)
A common misconception is that life insurance is only appropriate for wealthy households who've fully funded tax advantaged accounts or to allocate required minimum distributions to policy premiums. (insuranceandestates.com)