No Load Life Insurance: A Bigger Bang For Your Buck

Those wide-smiling insurance salespeople are holding a little secret from you: Most of the premiums you pay in the early years of your life policy go either into their pockets as commission or for their company's administrative overhead. Trouble is, that holds back growth of the policy's cash value during its initial five years or so. What you've paid in is more than the policy is worth if you need to borrow against or redeem it.

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