Future payouts fixed or decreasing with age?
r
resonnenberg
2 weeks ago
Wed, Sep 04, 2024 | 2:10 PM GMT-0800
After purchasing a policy, are future payouts, upon death, fixed or decreasing with age?
Created
Sep 04
Last Reply
Hi there,
Whole life final expense insurance policies have a fixed death benefit that will not decrease as time goes on.
For example, if you buy $25,000 in coverage, your beneficiaries will get a cash payment of $25,000 tax-free, regardless of when you die.