Its a good product for the right person.

yes, the cash value doesn't grow as quickly in the earlier years because you're paying fees/cost of insurance. At the beginning you have a higher death benefit and lower cash value.

But much like a mortgage, that flips about midway through the payment schedule. so if you're paying for 10 years for example, as you get closer to that 10 year mark most of your premium payment does end up going towards your cash value for sure. and you can take penalty free loans against the policy.

again though its the right policy for certain people.

If you don't like the volatility of a Variable policy, look at Fixed instead. And no, I am not an agent. just know a lot about this stuff.

And no, its not a scam! for christ's sake.

No. have only heard it's a scam.

Anonymous wrote:Hello- does anyone have a positive experience/opinion about this product? Every thing I read says it is a bad investment, the broker thinks otherwise. [i][b]Any opinions?

Really that should be enough for you. It's a black box with very high fees/commissions. At some point someone will come around and say that in a few situations it can be good idea, but those are really unusual, high net worth situations where you shouldn't be getting advice on DCUM (i.e. you expect to leave an estate of $15 million+)

Anonymous wrote:Hello- does anyone have a positive experience/opinion about this product? Every thing I read says it is a bad investment, the broker thinks otherwise. Any opinions?

It's confusing and doesn't seem to have a great return. We spend a lot of money on the insurance premium which grows every year with age. Feel like we've been putting mondy in it forever and there doesn't seem to be much in it. I don't recommend it. All those brokers push it because they get a commission on it and it's ongoing.

Hello- does anyone have a positive experience/opinion about this product? Every thing I read says it is a bad investment, the broker thinks otherwise. Any opinions?