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Elderly Relative has Whole Life Insurance, he’s not sure what to do with it
Elderly Relative has Whole Life Insurance, he's not sure what to do with it A family member who just turned 65 has been asking for advice about various things, and one of them is that he has a whole life insurance policy and isn't sure what to do with it. It's for 25,000 and he's had it for roughly 40 years now. I think of whole life insurance as being terrible, both as an investment and as insurance. In his case, the i...
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