This value can be wholly or partially surrendered for cash or converted to an annuity at any time, or it can be used to cover
your premiums if your financial situation changes.
Not exact matches
Ask yourself
if you'll be able to afford COBRA
premiums given the
change in your
financial situation caused by your qualifying event.
A possible disadvantage is that the
premiums of a variable life insurance policy generally are fixed and can not be adjusted
if your
financial situation changes.