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From: rbc@houxu.UUCP (R.CONNAGHAN)
Newsgroups: net.invest,net.consumers
Subject: Re: Universal Life
Message-ID: <584@houxu.UUCP>
Date: Fri, 5-Apr-85 18:16:04 EST
Article-I.D.: houxu.584
Posted: Fri Apr  5 18:16:04 1985
Date-Received: Sat, 6-Apr-85 03:36:37 EST
References: <367@ihu1m.UUCP>
Organization: AT&T Bell Labs, Holmdel NJ
Lines: 36
Xref: watmath net.invest:584 net.consumers:2115



I have wondered about the merits of Whole Life vs 
Term.

After very little thought I have gone for Whole Life.

The reaspn is not the cost or the cash value.

The reason is that in 7 years the policy will be paid up
and I won't have to pay anymore.

From then on in I will be insured.

In fact I (depending on my health) can take out additional
insurance using the money I no longer have to pay into
the first policy.

The whole idea of insurance is to provied for your loved ones, or
at least to pay for your funeral.

It is not an investment.

I am very eager to here any comments on this.

Robert Connaghan
houxu!rbc
microsys!rbc	(maybe)

-- 


Robert Connaghan
Microprocessor Group
AT&T Bell Labs - Holmdel, N.J.
houxu!rbc