Hi,
We obtained 10 year term policies about 5 years ago. I have a $3 million
policy and I pay $978 per year.
Travis
On 7/10/2017 9:37 PM, Jeremy wrote:
Anyone want to share what company they are using for life insurance,
and what type of plan and/or rates, either on or off-list? I have
been shopping around and these policies are crazy. Hard to believe
anyone would sign these.
Whole life is at the whim of the market, and you can lose it all.
Term policies even on a fixed term, say 30 years, claim that the
payments "remain level" for the 30 -year term but then they say in the
fine print that they can change the rate at anytime up to the maximum
($230,000 per year). There has to be a more solid and less
wishy-washy policy out there with a locked in rate, right? Are they
all giving themselves the ability to make it whatever they want at
anytime in the fine print?
