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| *The Commerce Journal>>>Insurance |
Will I have to pay my life insurance if I transfer it to my special needs trust? Because my charges r waived!? |
MY LIFE INSURANCE WAS PURCHASED PRIOR TO GETTING DISABLED, AND THEY ARE WAIVEING MY MONTHLY PREMIUM CHARGES. WILL MY PREMIUM CHARGES STILL BE WAIVED IF I TRANSFER IT TO MY SPECIAL NEEDS TRUST? The waiver of premium usually hinges on the insured, not the owner. Check with the company just to make sure. You'll have to ask them. |
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