5 financial products not to throw away

We don't fix toasters anymore. Or TV sets. We just buy new ones. America has become a throwaway society -- and sadly many people make the mistake of discarding older but still very useful financial products simply because they think newer is better. That can be a costly mistake.

Here are five financial products you may have that should be examined very carefully before dumping them just to get a newer model.

1. Life insurance policies. Why keep an older policy? There are several reasons. You may not qualify for the same premium rates today as when you were younger and healthier. Or the older policy could have a higher guaranteed floor interest rate paid on the cash value....