3 Comments

I got a 30 year policy when I was around 32. Didn't know about making that a permanent product. Will look into that.

Expand full comment
author

You should see an option for conversion or a conversion rider.

It has been fairly standard across industry (in US) to have these on term products for a while. To the point when I got my first term product it wasn't even discussed in the sale (also a 30yr).

Typically they allow you to convert to any currently sold permanent product without any underwriting.

Preview for later posts, but I laddered term maturities to keep this option open if I get older.

Good luck!!

Expand full comment

Thanks! All I know is that my skillet is woefully behind others in the jungle. Glad to be learning.

Expand full comment