Originally Posted by
FedElta
JJ,
Re: our previous conversation, I pay $405/quarter for $300k Term life from UNUM....I retired in 2007, and 300k was the max amout you could export at that time.....per FDX retirement options.
IIRC, UNUM was the only provider at that time and I'm currently 64, so my premium will increase a bit when I hit 65.
Regards,
BG
I got a $500K 20 year policy for $444/month and $500K 25 year policy for $651/month. One is from Banner Life the other from Trans America. Level Term, no increase in premiums for the life of the policy. All I had to do was take a physical and have some blood work done. I put these policies in place when I was 64 1/2 so my "Insurance Age" was actually 64. Waiting until age 65 makes a huge difference in the premiums.