one thing to be aware of is the benefit you are buying....what the policy will pay per month when needed to be used. Some have a stated value....so what you bought for a per month benefit 10 years ago may be inadequate to cover the monthly cost in today's inflated values.
The policies I have for my wife and I offer an opportunity to keep the "value" of the monthly benefit indexed to rise with inflation. This requires a very modest increase in monthly premium every couple of years.
Or we have the option to decline the increases and stay with a stated value and roll the future dice on cost per month adequacy.
btk
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