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- Buy term and invest the difference refers to a life insurance purchase strategy. Which of the following would be a good reason not to
- Buy term and invest the difference refers to a life insurance purchase strategy. Which of the following would be a good reason not to adopt this strategy?
a. Whole life insurance carries high commissions and surrender charges
b. Some people have trouble saving/ investing money rather than spending it.
c. Many people can outperform the return on cash values by investing in mutual funds on their own.
d. Term life insurance has lower commissions.
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