On Sun, 27 Mar 2005 09:50:51 -0500, "JimH" wrote:


"~^ beancounter ~^" wrote in message
oups.com...
it you want a great / honest return on your $ in life insurance
products (perm
life ins, that is) check out usaa...they perform consistintly great
returns, over
the years...low fees, solid rates of returns, etc....


Why not just buy term? It is cheap.

Whole life insurance is a rip off. You would be better served to invest the
difference (between whole and term).

Why do you need life insurance anyway once the kids are gone, college is
paid for the you are retired. You should have enough cash stashed away to
cover burial/funeral expenses.

That is why term is the answer for the smart investor.

Jeesh...I sound like a fricken life insurance salesman!


I just stopped my last term insurance policy which was the Veteran's Group Life
Insurance. Once I hit 60, the premiums got ridiculous, and what JimH said is
correct.
--
John H

"All decisions are the result of binary thinking."