
Russell Hutchinson Opinion
When does a life policy really expire?
Tuesday 20th of November 2012
It’s not as simple as it looks. Sure, there may be an ultimate expiry date some-time in the future but these have been pushed out a long way: some to age 100. Almost no term insurance is in-force by then.
Not least because much earlier expiry ages used to be the norm, and not many people have been around long enough since the change to challenge the upper limits of contracts.
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