That is what no one really talks about.
Contracts are frontloaded with expenses and become a better and better deal as time passes on. They are designed to make a certain percentage lapse.
Too many death benefits paid out = not so good for a companies bottom line---obviously.
To win with life insurance....keep it Inforce till you die. Of course if everyone did that then I would just get the guaranteed colum with no dividends.
Contracts are frontloaded with expenses and become a better and better deal as time passes on. They are designed to make a certain percentage lapse.
Too many death benefits paid out = not so good for a companies bottom line---obviously.
To win with life insurance....keep it Inforce till you die. Of course if everyone did that then I would just get the guaranteed colum with no dividends.