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Path: utzoo!linus!philabs!cmcl2!seismo!rochester!ritcv!ccice5!rdz
From: rdz@ccice5.UUCP (Robert D. Zarcone)
Newsgroups: net.invest
Subject: Re: Insurance Policy Info Needed
Message-ID: <763@ccice5.UUCP>
Date: Mon, 8-Apr-85 11:59:07 EST
Article-I.D.: ccice5.763
Posted: Mon Apr  8 11:59:07 1985
Date-Received: Wed, 10-Apr-85 00:06:55 EST
References: <758@ccice5.UUCP>
Distribution: net
Organization: CCI Central Engineering, Rochester, NY
Lines: 14

> I recently bought an insurance policy with the intent of using the
> cash value each year to finance an IRA (this is what the policy is
> designed for).  A representative from a competing company then showed
> me a policy that had a premium about two-thirds of what I am now
> paying and told me I had really been taken.  Her policy was "Unit Life"
> while the one I have is "Whole Life".  Before I make another payment
> and make a bad deal worse, I need to know if I really have a bad deal.
> Can anyone suggest where I might get OBJECTIVE advice on my current
> policy?  Does anyone have experience with this type of arangement?
> 

Make that "Universal", not "Unit" Life.

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