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Never buy life insurance as an investment

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Insurance is to protect against a financial loss not to produce a profit. Having said that never buy life insurance as a avenue to profit. When you store money into a cash value life insurance policy not all of your money is actually being invested.. Some money is put towards paying the underwriter, policy fees, agent fees, and etc. You will never get the earning potenial out of investing into insurance. Don’t do it.

Written by Admin

November 1st, 2004 at 4:23 pm

Posted in Insurance