Thursday, April 8, 2010

Life Insurance

Whole life insurance is one of the worst products available. Do not buy life insurance with a savings plan feature. Life insurance is for insurance in case you die. Period. Riders that address payments under various contingencies are okay.

Do not buy life insurance with cash value, no matter how it is disguised. Ever.

There! I cannot make it any plainer than that. Dave's book gives some details.

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