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Children’s life insurance policies
Children's life insurance policies I opened NYL life insurance polices for my kids 8 years ago. They are now 14 and 16 years old. I pay $30/mo for my 16 year old and $26/mo for my 14 year old. In 8 years, the cash values are $950-1300, respectively, and the dividend accounts are around $53-$120, respectively. I know $56/mo isn't that much to prepare for a worst case scenario ($50...
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