What does CBO mean life insurance?
What does CBO mean life insurance?
Cash Back Option You may request to terminate your coverage and receive 100% of the base. premiums back.1. Cash Back Option Example. Joe is a 30-year-old male, non-smoker, who purchases $150,000 HMS Plus 100 CBO policy with a 30-year no-lapse guarantee period. î His monthly premium payment is $51.63.
