When you learn about the inner workings of how some insurance companies manipulate their whole life and universal life illustrations to show
tremendous cash value growth, Ohio Life is like a breath of fresh air.
As an example, a properly structured
cash value whole life insurance policy that is purchased from a mutual company, is one that has
tremendous liquidity, low cost (majority of the cost is buying lifelong level insurance — not to be compared to term), no tax on the
growth of the account, tax free loans, tax free withdrawals (up to basis), tax free to survivors, no contribution limits, no required withdrawals, is free from creditors, and has minimum guarantees.