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To: JavaGuy who wrote (23089)11/17/1999 10:35:00 AM
From: JDN  Read Replies (1) | Respond to of 64865
 
Dear Java Guy: I havent kept up with the products lately, however term provides protection ONLY no build up of cash value etc. Since the insurance industry is very STINGY with dividends on cash value you are usually much better off to buy ONLY the term and invest the cash value portion yourself. However, my wife had a whole life policy with John Hancock which was a mutual company and I never had her cash it in over the years. As luck would have it they are now going public and she is getting a really nice lump sum of shares FREE which as it turns out will make it a heck of a good investment. Just luck though not planned. As to your 10 year term, I presume that the premium is lower than if you had a longer term?? If not, take the longest term they offer to lock in the premium, you can always cancel. JDN