Years ago an old aunt came to me and told me that she had a couple of old life insurance policies
that she had not paid premiums on for more than 10 years.
She thought the policies must have lapsed. I took her into an agency office of the company and met with an agent.
After a few telephone calls he came back with the verdict. Not only were both these old life insurance policies still in force, but they had cash values in excess of $3,000 They were whole life policies.
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Did you know that you can get instant term life insurance?
No Medical Exam Life Insurance. What is going on here? Is this new? The way people act one would think that this is an entirely new idea.
It is common practice for buyers to do a term and whole life insurance comparison before signing on the dotted line. Many people only consider the differences in premiums.