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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Mark Marcellus who wrote (89039)	1/2/2005 9:30:08 PM
From: Nazbuster	Read Replies (1) \| Respond to of 122089

re term life. If you buy term, and subsequently get an illness, you could find yourself ineligble for insurance when it's time to renew your term. It's not a bad idea to create a foundation of whole life for that reason and supplement with term until your finances and assets make the term unnecessary.

To: Mark Marcellus who wrote (89039)	1/2/2005 10:24:57 PM
From: SI Dave	Read Replies (1) \| Respond to of 122089

Obviously, there are a lot a variables contributing to the decision. The whole/universal-life type policies are nothing more than a tax-deferred (or tax free) investment vehicle for buying (usually 1-year) term-life policies. You can invest a lump sum on the front-end, and let the internal investment returns (and principal) pay the term premiums. I'm not sure how one could buy term insurance with tax-free investment returns without using such a policy. There is certainly a time and place for term policies; I've had both types for decades in varying terms and amounts as circumstances warranted. My issue with her is that she often speaks in absolutes.