- 6,457
Are there articles or studies about people living into their 90's and what percentages of people outlive GUL policies that expire in the 90's age brackets?
Outliving Guaranteed Universal Life
- Thread starter LostDollar
- Start date
- Staff
- #2
- 15,319
You certainly could spend a few years letting us know by searching the internet.
We'll wait.
Rick
Just remember their was a time not so long ago when most people were not expected to make it into their 80's. I fully expect to see 120 life spans before I pass on.
- 1,405
I feel bad for consumers who think they are smarter than actuaries. The only sure thing is to 121. What anyone saves going shorter on coverage can come back and bite you; and it's going to bite someone.
The other thing that will bite a lot of people, even more, is having the coverage lapsing due to inability to make a premium payment, or missing one by mistake. If you can afford it, get a 10 pay or 20 pay to 121. And if you can't afford a 20 pay, what make you think you'll be able to afford to 121?
The other thing that will bite a lot of people, even more, is having the coverage lapsing due to inability to make a premium payment, or missing one by mistake. If you can afford it, get a 10 pay or 20 pay to 121. And if you can't afford a 20 pay, what make you think you'll be able to afford to 121?
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