Why can't the death benefit on WL policies be increased or decreased?
- Thread starter Spin
- Start date
- 10,363
Ive heard of them being decreased.
An increase would have to account for current age/health and go through UW again. No good way for them to add that to the existing policy and existing cost of insurance.
If they want to increase, just get an additional policy.
- Thread starter
- #3
- 16,926
Sure. It’s common to own multiple policies.
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