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Why do you think people persist in buying cash-value life insurance when, in most cases, they would be better off buying term insurance and investing the money saved into a retirement account?

User Stevenvh
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Answer and Explanation:

A cash-value life insurance policy appeals to some because it doesnt seem like a waste of money because of the savings/investment element of the policy. other benefits include that it does not have to be renewed and coverage stays for life.

User Ernd Enson
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