My friend called me yesterday. She is an insurance agent from one of the top international insurance companies that is currently having problems with its finances. She presented a term life insurance quote to daughter # 1 in April this year and because I know the value of having an insurance policy, I prodded my daughter to get one. The problem is in Canada, not here, my friend said. What can I say? Daughter #1 had made two payments already. I don't know if I should advise my daughter to terminate her policy now or just wait a while. What do you think?
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