This death benefit is 10k, and the monthly premium is $40. 10k/40 = 250 months, or 20 years
Or a 5k benefit with $40 premium would be 10 years?
So I am betting I will die before it is paid up and the insurance company is betting I live longer than the policy? Thanks.
Orignal From: With a life insurance death benefit, does the face amount divided by premium tell when it is paid for 100%?
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