SV, NO one forces anyone to buy life insurance. We are forced to prove we have auto insurance. I think the cops can impound your car in Indians if you are in an accident and don't have insurance. Or is you are pulled over for anything and don't have proof of insurance. We have to have auto insurance to buy plates, even thought that is really checked. You can say you have insurance with a company.
I like investing in life insurance companies in the form of annuities. It's a win win for me. May not be for everyone. I get a 5% return for the rest of my life and when I die my kids get a life insurance money, tax free.
It's your money. Do what you want. My annuities survived the 2008 crash, never lost a penny of income. So you could say, I'm making money on insurance companies and not doing a lick of work. I won't say how much, but it's more than my SS income.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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