A man decided to purchase a $100,000 Annually Renewable Term Life policy to provide additional protection until his children finished college. He discovered that his policy 1. Required a premium increase each renewal. 2. Built cash values. 3. Required proof of insurability every year. 4. Decreased death benefit at each renewal.
A man decided to purchase a $100,000 Annually Renewable Term Life policy to provide additional protection until his children finished college. He discovered that his policy1. Required a premium increase each renewal.2. Built cash values.3. Required proof of insurability every year.4. Decreased death benefit at each renewal.
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The post A man decided to purchase a $100,000 Annually Renewable Term Life policy to provide additional protection until his children finished college. He discovered that his policy 1. Required a premium increase each renewal. 2. Built cash values. 3. Required proof of insurability every year. 4. Decreased death benefit at each renewal. appeared first on Superb Professors.
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