SV, NO one forces anyone to buy life insurance. We are forced to prove we have auto insurance. I think the cops can impound your car in Indians if you are in an accident and don't have insurance. Or is you are pulled over for anything and don't have proof of insurance. We have to have auto insurance to buy plates, even thought that is really checked. You can say you have insurance with a company.
I like investing in life insurance companies in the form of annuities. It's a win win for me. May not be for everyone. I get a 5% return for the rest of my life and when I die my kids get a life insurance money, tax free.
It's your money. Do what you want. My annuities survived the 2008 crash, never lost a penny of income. So you could say, I'm making money on insurance companies and not doing a lick of work. I won't say how much, but it's more than my SS income.
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Today's Featured Article - Women and Tractors - More Views From the Farmer's Wife - by Teri Burkholder. The top ten reasons why the judges wouldn't let you participate in the stock antique tractor pull: Hey, this is stock! It came with that V8 in it! That "R" on my tires stands for "really old" not radial! Blue gas? We thought it was a pretty color! What wire hooked to my throttle?
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