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Reply to "Life insurance purchase decision"
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[quote=Anonymous]My mom pays $185ish a month for an $84k policy which her financial guy ran the numbers and figured out is worth it to keep even if she lasts to 100 due to the cost versus payout. The policy predates her finance guy so he has no skin in the game, just ran the analysis for her. Will the policy increase in price over $18k a year as they get older? You need to run the numbers. My dad died at 73 but my grandmother lived to 96.[/quote]
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