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In Reply to: PRIMERICA IS A RIP OFF! posted by brian allman on October 02, 2007 at 07:57:22:
Correct, Term Life insurance is income protection during your working years. Investments is for your retirement years. Thus, it is a good mix to Buy Term and Invest the Difference.
The reason premium for term is jacked up once the term is up because your age has increased. Which means at that time, if you invested enough for end of the life insurance term. Then theres no problem at all.
Therefore, investing at an early age is very important while you are paying term life insurance at young age. Suzy Orman had taken many calls on television telling the same thing to most of the policy owners.