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Many young, single women don't have anyone who
is economically dependent on them. So life insurance may seem like an
unnecessary expense. But many young women are still buying life insurance
because rates are cheaper the younger and healthier you are. Whole life
insurance policies accumulate cash value which can be used to pay premiums
in later years, thereby eliminating your out-of-pocket premium payments
in those years. This can be very important when your children are ready
to go to college or you are approaching your retirement years.

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