X-Message-Number: 22562
Date: Mon, 22 Sep 2003 12:03:37 -0400
From: Henry R Hirsch <>
Subject: If you have life insurance, keep it.

Those who have pointed out that whole life insurance is a bad investment 
are right. HOWEVER, the bad investment part all takes place in the first 
few years. After that the policy becomes a good investment for the rest of 
your life. You reach a point at which the cash value of the policy 
increases annually more than the premium you pay. Also, if you use the 
dividends on a mutual policy to buy paid-up insurance, the face value 
(death benefit) increases more than the premium. So, if your policy has 
been in force for a number of years, don't drop it.

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