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Started By
Message
re: Life Insurance
Posted on 10/30/14 at 2:44 pm to pooponsaban
Posted on 10/30/14 at 2:44 pm to pooponsaban
quote:
And if he doesn't die he is out $200,000? Or is some portion of that vested at 15 years?
No. The DB (death benefit) is guaranteed. We could write the policy today, and he could die tomorrow. His family would get it all...tax free.
$750,000.
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