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In Reply to: Re: Re: Re: insights wanted posted by jaxx on December 18, 2003 at 00:53:14:
Why do you think it is a BS story? His other policies were purchased probably 50 years ago and had a cash value - total - of less than $100,000. His net worth also included his home. After you take out the cash value of his existing insurance, his home, and the $330,000 from his net worth - there is not enough left to provide adequate income.