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 Early Termination MRTA, partial refund of premium?, Possible?

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hardworkingguy
post Apr 29 2016, 10:08 AM

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Example if I take 100K loan, and buy 100K MRTA for 30 years.
let say during second year i pay a lump sum 50K extra to settle the loan, and I passed away on third year.
Does MRTA insurance help me to settle remained loan and refund extra amount back to my love one?

 

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