• Re: Need advice regarding whole life insurance

    From gggg gggg@21:1/5 to Wendy on Tue Jun 20 06:57:05 2023
    On Friday, June 7, 2002 at 1:05:55 AM UTC-7, Wendy wrote:
    I got whole life insurance with Metlife when I was 16. My premiums are
    about $550 a year. I spoke to Metlife recently and they said my last
    year of payments will be the year 2008. So I will have put in almost
    $10,000 into this policy. The face value of my policy is $100,000 and
    if I live til 60 or 65, the cash value is like 40 or 40-something
    thousand dollars.
    I'm wondering, should I just cancel this life insurance and invest
    elsewhere? I don't know much about life insurance and I sure would
    appreciate anyone's advice.
    Thank you,
    Wendy

    https://news.yahoo.com/finance/news/absolutely-horrible-3-big-reasons-140000554.html

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