Lloyds of Lubbock
Guru
- 714
I would think twice about surrendering the policies.
Permanent life insurance is not just about the cash value.
How does it interact witb your other assets especially qualified ones.
Would your spouse let you take a straight life annuity to maximize your payouts, not without permanent life insurance.
Also that term 80 isn't that a yrt? Those rates can escalate.
Having permanent can only enhance your retirement.
Pay those NML policies till your 65 or 70 and they will distribute nicely.
Permanent life insurance is not just about the cash value.
How does it interact witb your other assets especially qualified ones.
Would your spouse let you take a straight life annuity to maximize your payouts, not without permanent life insurance.
Also that term 80 isn't that a yrt? Those rates can escalate.
Having permanent can only enhance your retirement.
Pay those NML policies till your 65 or 70 and they will distribute nicely.