I am 67 years old, retired, homestead & vacation homes paid off, $1M in 401K and $120K in savings? Burial plots are also paid off with the cash value of insurance for my spouse and I at $16,000 total.
Tag: life insurance
-
What Did CMFG Stand for In The Beginning? It Must Stand For Something!
It is absurd that I am being pitched by NFCU to accept complimentary life insurance coverage from CMFG, and yet nowhere online can I find out exactly what CMFG stands for! That is not good enough! If those letters do not represent a particular name, then why keep them and continue using them? I would like to accept and even pay to enhance the coverage but will not do business with any company that cannot account for something as simple as an initialism, nor would I even work for such a company. CUNA may well be a very reputable company, but where is the sense in this? It is insulting and looks as if they are trying to lose a bad name or reputation. I want to know!
-
Why Is A Flexible Premium Life Insurance Policy Better Than Fixed Premium Permanent Life Insurance?
What is the advantage for a policyholder to buy a flexible premium life insurance policy rather than fixed premium permanent life insurance??
-
A Whole Life Policy Owner Passed Away With Cash Surrender Value Higher Than The Death Benefit. Which Amount Will The Beneficiary Get?
There are no loans on the policy.