Saturday, May 19, 2012

Life Insurance vs Retirement Funds


One who has enough money for either a large personal life insurance policy for his family's benefit or a small retirement fund, should choose the former. This assumes that the life insurance policy does not carry great restrictions which reduce the likelihood that it would be paid.

(Rav Moshe Feinstein, Igrot Moshe Orach Chaim 4:48)

Have a great day,

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