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Reply to "Approaching Retirement at 65 - What kind of insurance do we need or not need?"
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[quote=Anonymous]I wouldn’t cancel life insurance if you have a term policy with a fixed premium. When it runs out it will be too expensive to renew, but let it ride until then. I don’t know what burial insurance covers. I already bought a niche for my cremated remains. Cremation isn’t very expensive. No need to insure against. I’ve looked at LTC insurance. Doesn’t seem like a good deal any more. I’m just gonna drain my investments for that.[/quote]
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