American Amicable Life/horizon Life Insurance Questions..?
Posted February 26, 2010 – 4:15 am in: term life insuranceYear1-100%toward premium, yr.2-7- 75%, after yr.7 100%.Started at age 21.5, soon to be 24.Paying $100/mo., so estimate $1700-2000 paid into it so far.It’s 20year policy, no fees after year10, otherwise 5%withdrawal fee.Didn’t know much about it at the time, but been thinking to cancel policy, cut my losses(over$1500/current value$250), and take that $100mo. to low-risk [...]
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