Ways to Save Money on Insurance (Page 3 of 11)
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Cut These Policies to Save Big
- Credit card life insurance: Basically you're paying premiums so that your card will be paid off when you die. Chances are your balance on the card at your death will never be as high as the amount of premiums you pay out.
- Mortgage life insurance: If something should happen to you, the cash proceeds of your term policy can be invested and your spouse can make mortgage payments out of those proceeds. The tax deduction for the mortgage interest remains intact, and you earn interest on your investment instead of letting the bank earn the interest.
Find more on choosing the best life insurance here.
Next: Save Money on Auto Insurance





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