Let me start off by admitting that life insurance was the furthest thing from my mind and I really had no interest...and still have very little interest in learning much about it. So I'm turning to this forum in hopes of getting some "simple" advice as to what I should do.
When I was in my mid 20's I got a 100K SBLI policy
Im 47 now and mistakenly let this policy lapse about 8 months ago..
My wife and I agree that a 100K policy is enough for me.
Can this policy be reinstated? If so, is it worth reinstating or would it be better/less expensive to just start out fresh with a new Term policy?
Source of insurance-forums.net
When I was in my mid 20's I got a 100K SBLI policy
Im 47 now and mistakenly let this policy lapse about 8 months ago..
My wife and I agree that a 100K policy is enough for me.
Can this policy be reinstated? If so, is it worth reinstating or would it be better/less expensive to just start out fresh with a new Term policy?
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