There is a long-held contention that it is better to hold shares in a life assurance company than to buy life assurance products. I might have to concur — though let it be said, I’m not recommending buying life assurance company shares.

I have a small life policy payout due to me courtesy of my late mother (bless her heart). It certainly won’t change my address or fund a spanking new vehicle; it’s more likely enough funds to ensure a lifetime supply of tennis rackets, balls and knee braces. ..

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