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re: Whole Life Insurance Lapse Rate

Posted on 1/26/14 at 11:53 pm to Stingray
Posted by LSUregit
Member since Dec 2013
1627 posts
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Posted on 1/26/14 at 11:53 pm to Stingray
If you at least double the contribution rate, you are on the smarter side. If you pay min each month then you will be the 80 percent statistic.
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Posted by GoCrazyAuburn
Member since Feb 2010
35557 posts
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Posted on 1/26/14 at 11:57 pm to LSUregit
Also buy a $500,000 policy are larger. By doing so, you are significantly less likely to lapse the policy.
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