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| j_21100[at]yahoo.com wrote: - quote - > For long time, I am not sure about my life insurance policy. Here I > posted. Please comment. > ======================================= > Policy date AUGUST 20, 1992 > Coverage > Basic plan of life insurance $100,OOO.OO > Added features > Accidental death benefit of $130,000.00 (CDN$). > Premium > Your monthly premium is Canadian$57.88 (CDN$). What is it that you wish to know? It would appear that you have a 100K Death Benefit, with a RIDER that provides an additional $130K in the event that you DIER of an Accident (rather than "normal causes). Other than that one would need much more information in order to "evaluate" the contract. a) Is it Whole Life (as against TERM LIFE). b) If it is some form of Whole Life, What is the current Cash (also called surrender) Value of the contract c) What is your age, marrital & health status d) What "responsibilities" do you have e) why did you buy it in the first place If it is some form of TERM Insurance, then the contract will EXPIRE on some future date, which MIGHT be before YOU do ! ! ! ! Cal Lester CLU |
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| For long time, I am not sure about my life insurance policy. Here I posted. Please comment. ======================================= Policy date AUGUST 20, 1992 Coverage Basic plan of life insurance $100,OOO.OO Added features Accidental death benefit of $130,000.00 (CDN$). Premium Your monthly premium is Canadian$57.88 (CDN$). |
| Tags |
| insurance, life |
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