What percentage of whole life insurance policies pay out?
What percentage of whole life insurance policies pay out?
According to a Penn State University study, 99 percent of all term policies never pay out a claim. Proponents of term life say this is because most people let their policies lapse. But even if you keep your policy in force, you are still “”renting,”” and just one payment away from having nothing to show for it. Mar 22, 2018