Search found 3 matches

by choirboy
Wed Jul 19, 2017 12:59 am
Forum: Personal Finance (Not Investing)
Topic: Contemplating cancelling life insurance policy (16 years in), can't get an inforce illustration
Replies: 12
Views: 1599

Re: Contemplating cancelling life insurance policy (16 years in), can't get an inforce illustration

Hello just responding to some of your questions: EHEngineer: I have the CSV values from the statements. I'll post the ones from 2012 to 2016 for my own policy. If needed, I can go back further. They are $5023, $5859, $6751, $7702, $8706. We just got the 2017 statement in the mail but not sure where ...
by choirboy
Tue Jul 18, 2017 6:22 pm
Forum: Personal Finance (Not Investing)
Topic: Contemplating cancelling life insurance policy (16 years in), can't get an inforce illustration
Replies: 12
Views: 1599

Re: Contemplating cancelling life insurance policy (16 years in), can't get an inforce illustration

Hello, In response to ryman554's post, I am turning 28 tomorrow, my sister is currently 25 (so my parents bought these policies for us when we were 11-12 and 8-9). We are both currently healthy individuals. I hope I'm not mistaken, but I believe the death benefit is actually the $50,000 base, PLUS t...
by choirboy
Mon Jul 17, 2017 1:13 am
Forum: Personal Finance (Not Investing)
Topic: Contemplating cancelling life insurance policy (16 years in), can't get an inforce illustration
Replies: 12
Views: 1599

Contemplating cancelling life insurance policy (16 years in), can't get an inforce illustration

Hello, I am Canadian by the way, incase this makes any difference with any laws/policies. Anyways, I found out a couple weeks ago that my parents have been buying whole life insurance for my sister and I since 2001 when we were kids, as a form of investment. I did some reading since then about what ...