8:38 AM
Gil Student
From Bi-Mehitzas Rabbeinu Ha-Ga'on Rabbi Ya'akov Kamenetsky (Feldheim: 2005) by R. Moshe Tzvi Jacobs, p. 160:
Over the years our rabbi held a life insurance policy worth $5,000 for his wife's sake. When he reached the age of 80, he calculated that, because of his age, it was not worth it for him to continue the policy. He cancelled the policy and gave his wife the money returned to him due to the cancellation. In addition to this, every year he also gave her the premium he would have otherwise paid to the insurance company.
Readers should be wary about most books like this. However, this book comes with a haskamah from R. Shmuel Kamenetsky and, according to the introduction, was reviewed entirely by R. Daniel Neustadt, who married R. Ya'akov Kamenetsky's granddaughter and is the editor of the Emes Le-Ya'akov series.
