selling term life insurance policy
Is selling a term life insurance policy safe? I am 65, retired my wife 70, retired. My life insurance policy ($250,000) has come to the end of it’s 15 years so now the premiums really increase. I don’t feel I need the insurance any more.
Terry Says
Just let it lapse. There is no intrinsic value now. Anyone who would buy it now and continue the larger premiums would have a huge incentive to see you dead!
