JH Protection UL W/LTC

[sturgbe]

Question: Under a full pay scenario and no waiver of premium selected, if you go on claim (2/6 ADL's), it is my understanding that the premium is still owed. Is that correct? Also, if waiver of premium is selected, does it just cover the COI or does it cover the full billed premium?

I left a message at JH but haven't heard back yet and thought I would try you experts.

thanks,

Stu

 

[Lewis_FL]

Must continue with the premium unless WP rider is elected. Does not cover coi, just premium. This product doesn't have a waiver of monthly deductions.

 

[mcouper]

It's possible coi's could be paid from accumulated cash value if claim is later in life & contract wasn't thinly funded through the years. Protection UL grows cash pretty nicely.