What is BTID?

Investment is DIY What is BTID? The main concept of BTID is to buy term life insurance instead of purchasing whole life insurance.

What are the advantages and disadvantages of BTID?

Now, you know about the advantage of going BTID, we can now proceed in discussing its disadvantages, and they are as follows: 1. Premium Increases Every Five Years While it is true that term is relatively cheaper to get than whole life insurance like a VUL plan, it gets pricier for long-term coverage.

How to invest the difference between BTID and insurance?

Invest the Difference Becomes Spend the Difference In BTID, you need to split what will go to your insurance and investment every single time. The paying medium for your insurance may be different from where you place your investments, and this can be a problem in the future.