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anne66_gw

Universal Life Insurance In force date vs. guaranteed assumptions

Anne66
13 years ago

With a Universal Life Insurance policy that I have in force, there is the "Stay in Force Date" that ends in about 15 years. The company also sent me an illustration of the policy, which shows the "guaranteed assumptions" date for what I have been paying, which makes it look like the policy would end at a much later date than the "Stay in force Date". Can anyone explain this well for me. I don't like the help that the company gives over the phone.

Thanks.

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