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 Posted: Thu Nov 03, 2011 6:39 am Post subject: Need to continue into 15 years of insurance |
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I now 26 years old, heard that a kind of insurance is this: now every month to pay a sum of money, the need to continue the hand in 15 years. After 15 years, stop to hand in, then you can obtain the income, the earnings are more than 15 years you the money. People know what is this type of insurance? After 15 years of earnings is?
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jachackey
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Joined: 02 Nov 2011
Posts: 11
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| Posted: Fri Nov 04, 2011 11:44 pm Post subject: |
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Your post was somewhat...ummm... rambling? Hard to understand what you were getting at...
I think you're talking about an annuity??
InsTeacher  |
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InsTeacher
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| Posted: Wed Nov 30, 2011 3:51 pm Post subject: |
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It appears to be insurance with an investment component butI would need some more information from you. What does your insurance? Is it a term life insurance [ Link removed as per TOU - Admin] policy with a Return of Premiums option? This type of life insurance would insure your life for say, 15 years (term period), and at the end of the term period if you are still living, the insurance company would refund all the premiums you paid.
Denise Mancini
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patcassidy
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Joined: 30 Nov 2011
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