How do you feel about Life Insurance and Personal Retirement Annuities?

Posted on Jun 30, 2008 under Insurance Information |

31 Responses to “How do you feel about Life Insurance and Personal Retirement Annuities?”

  1. Life insurance….well I think it is good but it all depends on your policy. How much is the pay out? What are the premiums? What will they cover in the event of death?

    PRA's I say go for it but don't put it your company. If your company folds, there goes your money. So ya get an account with ING or something. Make sure of the terms of your account!

  2. If you're single I can't imagine why you would want life insurance, unless you KNOW you will start a family someday. An annuity may be alright later in life but if your young there are better ways to save for retirement.

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