That’s for term life insurance that becomes worthless if you don’t die within a specified time period. After that time period, if you don’t have $50,000 in the bank, you’ll have to pay a much higher premium because you’re older.
That’s for term life insurance that becomes worthless if you don’t die within a specified time period. After that time period, if you don’t have $50,000 in the bank, you’ll have to pay a much higher premium because you’re older.