I have a Northwestern Mutual adjustable complife policy from 2001, now with a $365,000 death benefit (originally $320,000). My wife are planning on having a 2nd child in the next two years, I was wondering what the benefit of using the $100,000 additional purchase are, besides increasing the death benefit? How much more would the premium be, how would it effect cash value and paid up insurance? I am almost 36 1/2 years old. Thanks,
Peter
Peter