Blog: Don't be too quick to drop old life insurance policies

04/17/2013 | Nerd's Eye View blog

Some life insurance policies outlive their usefulness, but Michael Kitces advises planners and investors not to be too quick to cancel these policies. Such policies provide a higher yield over their full term than many other investments these days, and they can be a good alternative to bonds and other low-yield instruments, he writes.

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