Additional Coverage Can Be Added To A Whole Life at Life

Additional Coverage Can Be Added To A Whole Life. If you can add more coverage, your life insurance company will ask you a few questions; This employee's group coverage may be converted to a:

So, in that way, it can be seen as a kind of investment, as well as a way to provide for loved ones after the die. If you can add more coverage, your life insurance company will ask you a few questions; This is a risk to the life insurance company and the reason that this rider is included in a policy for a small charge.

It can turn your whole life policy into a cash cow, while the death benefit also multiplies by virtue of the extra cash infusion. Additional coverage can be added to a whole life policy by adding blank. An employee with $25,000 group term life coverage was recently fired. Whose life is covered on a life insurance policy that contains a payor benefit clause?