perm filename DICK1[1,VDS] blob sn#081092
filedate 1974-01-07 generic text, type T, neo UTF8
00100 3689 South Court
00200 Palo Alto, Ca. 94306
00300 January 7, 1973
00500 Dear Dick:
00700 Enclosed is that article in Consumer Reports, in case you
00800 didn't get around to buying a copy of your own. To find out how good
00900 Connecticut Mutual is you'll have to wait until March, possibly too
01000 late to make a decision. In the mean time you'll have to be content
01100 with reading the summary of policy types at the beginning. As you
01200 will note there, if you cant find anything better to do with your
01300 money, you might as well buy Whole Life. Otherwise, Term is a better
01400 bet if you can get 5%or more after taxes. I think your Municipal
01500 Bonds pay more than that, so already you arent winning. Your
01600 decision should be to carry insurance or not at all. I leave that up
01700 to you. While you are looking into insurance, get a copy of the
01800 Consumers Reports Buying guide, I think they still reprinting some of
01900 their findings from a study they did several years ago on insurance.
02000 It may also prove useful to you in your decision, in lieu of parts 2
02100 and 3 of the current study. One alternative is to see if you can
02200 just keep your policy in limbo until you make a decision. Or else
02300 draw out all the accrued asset value. I can talk things over with
02400 you some more when I visit on Thurs. or Fri. with Sue.
02600 In the meantime, have fun reading over the article.
02800 Regards to Ellen, Kate and Jennifer, and my apologizes to all
02900 over my now nearly unbroken string of broken dinner appointments!!!