well, try this; Look at your value of teh payout and determine the result
of profits after you deduct the taxes and minus the inflation rate
(calculate the presentrate in your area)! What did you actually get?
Basically nothing at all. There are however soem alternatives which
enables you to make some profits as much as 6% p.a.
cheers

"Klahn" <QZISQIBJCIYO[at]spammotel.com> wrote in message
news:c53u17$2pcnv2$1[at]ID-227571.news.uni-berlin.de...
- quote -

Do you need the death benefit?

Brent D. Gardner, ChFC
Chartered Financial Consultant
http://members.cox.net/brentdgardner1378/

"Be ever questioning. Ignorance is not bliss. It is oblivion. You don't go
to heaven if you die dumb. Become better informed. Learn from other's
mistakes. You could not live long enough to make them all yourself." - Hyman
George Rickover (1900-86), Admiral, US Navy, advocated development of
nuclear subs & ships

The Chartered Life Underwriter (CLU) and Chartered Financial Consultant
(ChFC), designations owned and exclusively offered by The American College,
signify the highest standards of academic study and professional excellence
in the financial services industry.

Perhaps the PRIOR response from Brent should have read "QUALIFIED LIFE INSURANCE AGENT"
Cal Lester CLU




"John A. Weeks III" <john[at]johnweeks.com> wrote in message news:100420041129017734%john[at]johnweeks.com...
- quote -

In article <zCpdc.255$Ty5.50[at]okepread05> , Brent D. Gardner, ChFC
<bgardner20[at]cox.net> wrote:

- quote -

The problem is that an insurance agent is not an unbiased 3-rd party
source of information. This lady talked to an insurance agent, and
that is how she got into this mess in the first place. She needs
to talk to someone who is not trying to take away all of her money.

-john-

--
================================================== ==================
John A. Weeks III 952-432-2708 john[at]johnweeks.com
Newave Communications http://www.johnweeks.com
================================================== ==================

"Klahn" <QZISQIBJCIYO[at]spammotel.com> wrote in message news:c53u17$2pcnv2$1[at]ID-227571.news.uni-berlin.de...

- quote -


You have already answered your own question.
You state that the Death benefit is inconsquential,
so the maintainance of the policy would be foolish.

If you can in fact earn that high an ANNUAL Return,
then it is quite obviouse that you should do so.

Cal Lester CLU
(great believer in ownership of Permanent Life Insurance)

"John A. Weeks III" <john[at]johnweeks.com> wrote in message
news:080420041221385326%john[at]johnweeks.com...
- quote -

This is misleading. Term insurance doesn't always cost less than $25 per
month. I've sold term policies with premiums in excess of $1,000 per month.
There are many variables that determine the premium.

- quote -

This paragraph makes no sense whatsoever, and is not based on reailty.

Death claims in modern times are always paid. All anecdotes aside, several
industry observers have offered $1,000 in cash to anyone that provide
verifiable documentation of where a policy didn't pay just like the contract
promised. There have been no takers. The state form of insurance
regulation has proven itself to be superior to centralized regulation in
this area.

Since there is no cash surrender value for term insurance, there is no
"years to get it" -- that is pure hogwash.

Even the largest insurance companies reinsure their book of business, so
NOBODY has all their "eggs in one basket" when they purchase a life
insurance policy.

If one has questions about their life insurance policy, the best source is
an experienced agent.

Brent D. Gardner, ChFC
Chartered Financial Consultant
http://members.cox.net/brentdgardner1378/

"Be ever questioning. Ignorance is not bliss. It is oblivion. You don't go
to heaven if you die dumb. Become better informed. Learn from other's
mistakes. You could not live long enough to make them all yourself." - Hyman
George Rickover (1900-86), Admiral, US Navy, advocated development of
nuclear subs & ships

The Chartered Life Underwriter (CLU) and Chartered Financial Consultant
(ChFC), designations owned and exclusively offered by The American College,
signify the highest standards of academic study and professional excellence
in the financial services industry.

On 8 Apr 2004 21:20:05 GMT, "acm" <acm[at]despammed.com> wrote:


- quote -

My mistake. I thought you were suggesting that the policy was earning
6%. Now I see that you are merely asking where they can earn 6%.
Good question.

-HW "Skip" Weldon
Columbia, SC

"HW "Skip" Weldon" <skip5700removethis[at]hotmail.com> wrote in message
news:sabb70t5agr79vd5fta85s2ab3fsggmqrc[at]4ax.com...
- quote -

1800/28500 ~ 6.3%
Is that wrong?

On Thu, 8 Apr 2004 12:20:37 CST, "acm" <acm[at]despammed.com> wrote:


- quote -

How did you arrive at the "over 6%" return?

-HW "Skip" Weldon
Columbia, SC

"Klahn" <QZISQIBJCIYO[at]spammotel.com> wrote in message
news:c53u17$2pcnv2$1[at]ID-227571.news.uni-berlin.de...
- quote -

I'm not sure if you should cash in or not, but where are you getting over 6%
in fixed investments?

Trying to decide what to do with an incurance policy. Options:
(1) keep as is, (2) let policy dividends pay future premiums,
(3) surrender policy and invest cash value (and possibly pay
some taxes). Leaning toward option 3.

Opinions welcome. Thanks.

- - - - -

Face mount - $55,000 (death benefit)
Cash surrender value - $28,500
Premiums last year - $528
Increase in cash value in last year - $1,060

taxable amount at surrender (cash recd. minus premiums paid)
is unknown, although company is getting that info. for me

face amount of insurance is not an important part of financial
plan, inconsequential

The way I see it, last year I paid $528 to get a $1060
increase in cash value plus about $30,000 in death benefit.
(Face amount of insurance minus CSV which is cash in hand.)

Had I taken the CSV of $28,500, it would have earned $1,800 in
my pool of fixed income investments for the year. The $1,060
increase in CSV compares poorly.

In article <c53u17$2pcnv2$1[at]ID-227571.news.uni-berlin.de> , Klahn
<QZISQIBJCIYO[at]spammotel.com> wrote:

- quote -

I am a big fan of term insurnce if you need it, and doing your
own investing. As a result, if this were me, I would cash it
out and invest it. If you need insurance, you can get $100K
term for under $25 per month. Way under in many cases.

The problem that I have with term is that all your eggs are in
one basket--the insurance company--and that company can go broke.
In that case, you are simply out. If you do recover anything, it
will be years to get it, and you will likely lose all your gains.
With the market, you have risk of ups and downs, but it is unlikely
that the market as a whole will go toes up.

-john-

--
================================================== ==================
John A. Weeks III 952-432-2708 john[at]johnweeks.com
Newave Communications http://www.johnweeks.com
================================================== ==================

On Thu, 8 Apr 2004 11:40:06 CST, Klahn <QZISQIBJCIYO[at]spammotel.comwrote:

- quote -

snip

It would be helpful to know if you still need the life insurance death
benefit.

-HW "Skip" Weldon
Columbia, SC