Generally, no – though there are occasionally unusual cases such as where someone disappears under mysterious circumstances, or a fraudulent claim is suspected, where payment could be withheld until it becomes clear what has happened→ Read More
The Life Insurance Contract
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An Agent Wanted Me To Buy A “Retirement Plan.” When He Showed Me The Contract, It Said “Life Insurance” In The Description. How Can I Be Sure What I Am Buying?
You could contact the agent’s supervisor or someone else at the company→ Read More
A Computerized Statement Provided By The Insurance Company For A Specific Policy Shows How Much Money I Will Get Back In Various Years After Buying The Policy? Are These Numbers Guaranteed? Is It Right That I Could Stop Paying Premiums After Only A Certain Number Of Years?
Read the fine print carefully Such projections often include the value of dividends, which may be paid over the years of the projection→ Read More