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 Insurance Talk V3, Anything and everything about insurance

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post Jan 4 2017, 04:40 PM

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Hi guys, need some additional advice here. icon_question.gif

What does below sentences mean?

1) Premium payment term : Until the Insured reaches the age 100.
What does this mean? Pay the monthly payment till age 100? confused.gif

2) If the Med plan is Plan 150, can we request the agent to change to higher plan?
Will this impact the premium payment?

3) Maturity Benefit - Upon maturity at age 100, the Fund Value shall be payable.
Can only get the fund value once reach age 100? Is there any options to lower the age?


Appreciate your advice here. Thanks! notworthy.gif

smalling
post Jan 4 2017, 05:20 PM

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QUOTE(lifebalance @ Jan 4 2017, 04:47 PM)
1. It means you have the option to pay until 100 year old

2. Yes you will pay higher premium

3. The policy can be surrendered anytime but you will not get any maturity benefit that you will only get upon maturity that I'd 100 year old
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Thank you very much Keith! thumbup.gif

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