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Why has life insurance been largely ignored as an investment tool given its tax benefits and debtor protection?

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Why has life insurance been largely ignored as an investment tool given its tax benefits and debtor protection?

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Until recently, life insurance in this country has been stodgy, archaic, and viewed with less than enthusiasm by many Americans. Fortunately, the industry now is thoroughly in synch with the times. As so often happens, American ingenuity has transformed and improved upon a product created abroad.

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