Policy Cash Value vs Premiums paid

[FinalExpenseDojo.com]

I think they're saying it would be 200/yr, not 200/mo.

 

[WinoBlues]

Today if she was 60, a preferred plus non-smoker could buy $150,000 of Columbus Life No Lapse UL for $168.74 per month (Preferred Plus), $182.99 per month (Preferred) or $207.37 (standard). This assumes the buyer was looking for death benefit when they die.

You could cut the death benefit to $125,000 and make a similar product paid in 20 years or cut the death benefit to $75,000 and make it 10 pay.

I am sure I missed something. Do we have any clue what the type of insurance it is or the death benefit?

I am not really sure what the OP is asking since we do not know what they have.

 

[Robert Barney]

I am sure I missed something. Do we have any clue what the type of insurance it is or the death benefit?

No, just adding to your comments:


DB - since the policy is 10 years old and the CV is $25,000. Lets guess the the DB is at least $35,000+ Probably more like $50,000+

Just for comparison a $35,000 MoO SIWL on a 72 non Female in NJ is about 203.mo