ImplyingImplications, 9 months ago It’s to prevent fraud by taking out a huge policy and then killing yourself. However, as others have said, it’s limited to 2 years. You can still take out a huge policy and kill yourself, but you have to pay into it for 2 years first.
It’s to prevent fraud by taking out a huge policy and then killing yourself. However, as others have said, it’s limited to 2 years. You can still take out a huge policy and kill yourself, but you have to pay into it for 2 years first.