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Q. Do I pay more as
I grow older?
A. No.
The rates remain the same for your entire lifetime.
Q. Do I
get less insurance as I grow older?
A. No.
The amount of your insurance is never reduced because of health or age.
Q. If my
health fails, can the Company cancel my policy?
A.
Absolutely not. Neither can it reduce your insurance nor charge you
more.
Q. How
long does this policy insure me?
A. For
the rest of your life - as long as you pay your premiums and the policy
remains in force.
Q. How
much money will the government pay my surviving spouse when I die?
A. Social
Security guarantees to pay $255 to your spouse.
Q. Is the
cash benefit paid by this policy tax free?
A. Yes.
Under current federal law, all death benefits are paid income tax free
to whomever you name as your beneficiary.
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Q.
I'm a widower. Who would get the money paid by my insurance?
A. Anyone
you choose. It could go to a brother, sister ... perhaps one of your
children. You might want it to go to the person who pays your final
expenses. Or you might have a favorite grandchild ... nephew or niece.
It can also be a gift to a favorite charity.
Q.
Exactly when does the insurance start?
A. Your
insurance begins on the very day your application and payment are
received and accepted.
Q. I
already have a good life insurance policy. Do I really need this
additional insurance?
A.
There's a good chance you do. Remember that inflation has weakened many
insurance policies. Every year since you bought your present policy,
the money it provides has bought less and less.
Q. I have
an excellent life insurance policy where I work. How would I gain by
having the Cass Life policy?
A. For
one thing, you may not be able to take your work insurance with you if
you leave your job. And it may not be available to you in retirement
when you're especially concerned about having enough money for final
expenses.
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