@petie111 wrote:I would be leery. Sounds too good to be true.As you describe it, sounds like an annuity plan. They are loaded with commission expense. And “up to” is a salesman term not at all a guarantee of anything. AARP and others including consum...

As you describe it, sounds like an annuity plan. They are loaded with commission expense. And “up to” is a salesman term not at all a guarantee of anything. AARP and others including consumer reports have lots to say about these instruments. Mostly b...

It's interesting that the benefit period was arbitrarily cut.  You would do well to consult your state insurance commission to see whether that is allowed.  Read the policy thoroughly for guidance also. When you started paying, you bought future bene...

That was a VERY good deal.  Not doable at your age today or better said, not doable for anyone today.  Our premium began 18 yrs ago at about $2,200, now $3,000+.  I don't know how much the benefits have compounded. But it's easy to call and find it. ...

The question of whether the pricing is "standard" can't be answered without knowing the benefit level. Our LT policy increases benefits at a compounding rate annually.  We had the choice of a simple interest increase but decided to pay more for the p...