Life Insurance Paid Up
premiums for Life Insurance and annuities paid in cash or death?
not up front or monthly premiums, all payments deducted from … Is this normal … I have a good agent and says it is legal and approved? Right?
This makes no sense at all. Are you saying that you do not pay nothing at all for politics and who just gave their money benficiaries when you die. And not because they could withdraw cash to put in. If you do not pay premiums is like you are giving money, and no company is going to do that. "Hey, you do not have to give money, but if you die your beneficiaries will give you X dollars!" No happens! Are you talking about someone else's property and payment of premiums for a policy on his life, and involved the death benefit? That's the only way I could do you or your beneficiaries get money without using money. If so, this is almost never a good thing to do – these are the stories you hear when someone is killed for the insurance money! I think your agent does not understand how politics works, or does not understand what the agent is saying. Go back and talk to them, talk with your boss and then talk to the company. Better yet, talk to an agent with a different company!
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