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What Does “Policy Maturity” and Associated Terms Really Mean?

June 4th, 2012 1 comment

Lately I have been involved in a few situations where there was clearly a lack of understanding about the concept of Policy Maturity and what it means. This post will not attempt to be terribly technical nor an exhaustive history of the evolution of life insurance but rather a summary of what most advisors and policy owners need to know regarding Policy Maturity. Not understanding the basics can be the cause of significant distress and regret. Read more…