My wife and I both have Lafayette Life whole life insurance policies that have been in effect for 10 years. For the first time in many years, the cash value and death benefit increased less than the premium amount. I thought by now the CV and death benefit would always go up by more than the premium. I asked my agent, and she is looking into it. I need an answer to help decide whether to keep paying the (hefty) premium or to stop paying and let the premium be paid by the policy.
For the last several years, I haven't minded paying the premium, thinking that the CV was increasing by more, but
For the last several years, I haven't minded paying the premium, thinking that the CV was increasing by more, but
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