You've probably wondered if there's a perfect moment to start a whole life insurance policy. Maybe you're waiting for dividend rates to climb, or you think the economic conditions aren't quite right. We tackle this question head-on in this episode.

The reality is that trying to time a whole life policy purchase like you would a stock market investment doesn't work. Whole life policies don't experience the same volatility as other assets. Dividend rates adjust gradually over time, and everyone benefits from rate increases regardless of when they bought their policy.

We explain why the compounding effect of time overwhelms any advantage you might gain from waiting for better conditions. A policy started today with 30 years to grow will almost certainly outperform one started five years from now, even if that future policy has slightly better terms. The math is straightforward, and we walk through specific examples to prove it.

There's also a factor many people overlook: your health status could change. You may qualify for coverage today but face higher premiums or even denial if you wait. Unlike stocks or bonds, you can't simply decide to buy whole life whenever you want.

We compare whole life to other asset classes and show why sequence of returns risk matters much less with cash value life insurance. The path is more predictable, and the range of possible outcomes is much narrower than with volatile investments. This makes whole life an excellent complement to your portfolio, not a replacement for growth investments.

The bottom line? Time in the policy beats timing the purchase of the policy, especially when it comes to whole life insurance. Starting early gives you the most powerful advantage available. ___________________________________

Have questions about starting a whole life policy or want to discuss your specific situation? Reach out to us. We're here to help you understand whether whole life insurance makes sense for your financial plan.