Insurance

Paying the Insurance Penalty

Brian and his wife have whole life insurance. If they cash them out, there's a 7% penalty. If they wait a few years, they won't have to pay into the premiums anymore. Should they cash out the policies anyway?

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Invest Your Money Elsewhere

Waylon took out an insurance policy on his son. The mom doesn't know her family medical history, so Waylon took out the policy to make sure his son can have insurance later. Dave tells Waylon to drop the policy.

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Should I Get Accidental Death Insurance?

Alaina says her credit union offers free accidental death and dismemberment insurance. Should she take it?

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Don't Leave an Estate With Life Insurance

Steve's mom is 71 and debt-free. She's investing $600 a month in a universal life insurance policy worth $250,000. What could she invest that money in instead of this life insurance to leave an estate?

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