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To: Bill/WA who wrote (182681)7/23/2002 7:07:58 PM
From: Shoot1st  Read Replies (1) | Respond to of 436258
 
Many believe that a life insurance policy is a poor way to accumulate money relative to other methods. What is often forgotten is that the money inside the policy can be leveraged out at any time and deposited into any other vehicle....although you pay interest to remove this money...the internal account of the policy still grows as though the money is still there.

Used properly, a good product from a good company is a powerful tool. My only problem with Northwestern is that when you decide to remove this money for other investments, they penalize you severely by adjusting the dividend structure of the policy to reflect the lost opportunity for income suffered by the company since your withdraw of funds.

Shootie