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Not usually, it's relatively cheap. Think of it as a stock option. Depending on the company it will allow up to 9 times to use it or lose it. Starting in their 20's most will offer every three years or so into the 40's. Or when they get married or have children.
While you can tell from some of the posts, it's not for everybody. Agents should talk about it with their clients when the insured is young. While it doesn't happen to everybody, in-insurability happens to enough of them. Same with wavier of premium. Something to think about. Personally I like tying up the hands of an insurer where they can't weasel their way out.
It's why some here don't understand whole life, even though they are agents. Any time in the insurance business and you learn that when insurers give up control, they charge for it. The cheapest stuff, the insured has little to no control. I don't do debates anymore on this stuff.. I explain it and if you want it fine, if you don't as long as I explained it, that's fine too. 30 years in and I'm too old to fix stupid, even when it's from other agents.
Can't blame ya . . .
