I have a 10 pay life policy.
I know it makes the most sense to fund for a full 10 years, but what would happen if I only pay for 7 years ?
Since I would pay 7 payments it would not MEC.
Does it make any sense to stop after the 7th payment if it was putting a strain on my budget ?
I know it makes the most sense to fund for a full 10 years, but what would happen if I only pay for 7 years ?
Since I would pay 7 payments it would not MEC.
Does it make any sense to stop after the 7th payment if it was putting a strain on my budget ?