Jayson Lowe argues that the value of a high cash value life insurance contract is not tied to age but to whether it solves a specific problem. Even after age 80, someone can be the policy owner (controlling cash access, beneficiaries, contingent owner) without being the insured; therefore older individuals should investigate such policies when they address a concrete need.
Thai cash value life insurance worth it after age 80. The merit, the need for a high cash value life insurance contract is not age dependent, it's solution oriented. So if you have a problem at age 80 or beyond that a high cash value life insurance contract can solve, then you should absolutely investigate that as a solution to the problem. And although the individual who's age 80 or beyond cannot be the life insured on that contract, the good news is, is that you don't have to be the life insured, you can be the policy owner. So you're in a position of total and absolute control as it relates to access to the cash value, the beneficiary or beneficiaries of the total death benefit, the contingent owner of the insurance policy. You're in a position of total and absolute control, but you don't have to be the life that is insured. But absolutely you want to be looking at this tool as a tool to solve a problem. And so regardless of your age, if you have a problem and this tool is the right solution and you absolutely have an opportunity and you should investigate it.
