AndrewRoche
Expert
- 50
Thank you sir. I guess I still don't understand why you say the insurance company NEVER keeps the cash value? If the insureds beneficiary does not get it and the company does not get it, who did? The insured intended to pay the target premium for twenty years years and then he was going to stop paying the premium and have the premium deducted from the cash value, but his master plan fell apart because he died. If he would have paid less each year, lets just say the coi he would have spent less and his beneficiary would have still gotten the same $250,000. If this is correct the only people who should buy option A are those that can see into the future and know the exact time of their demise.