There is no "fixed" price. When we first applied, they sent someone to
our office and did a mental and physical exam, plus they had a heart
machine that they hooked us up to for 2 minutes. I was the 2nd cheapest
out of the 5 partners... 3 others were much higher, from the same company.
Travis
On 7/11/2017 7:31 AM, Jeremy wrote:
Does the fine print state that they can change that at anytime? Mind
sharing the company name? I'm at $4,700 a year for $2 mil.
On Tue, Jul 11, 2017 at 7:15 AM, Travis Johnson <[email protected]
<mailto:[email protected]>> wrote:
Hi,
We obtained 10 year term policies about 5 years ago. I have a $3
million policy and I pay $978 per year.
Travis
On 7/10/2017 9:37 PM, Jeremy wrote:
Anyone want to share what company they are using for life
insurance, and what type of plan and/or rates, either on or
off-list? I have been shopping around and these policies are
crazy. Hard to believe anyone would sign these.
Whole life is at the whim of the market, and you can lose it
all. Term policies even on a fixed term, say 30 years, claim
that the payments "remain level" for the 30 -year term but
then they say in the fine print that they can change the rate
at anytime up to the maximum ($230,000 per year). There has
to be a more solid and less wishy-washy policy out there with
a locked in rate, right? Are they all giving themselves the
ability to make it whatever they want at anytime in the fine
print?
