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Hello my name is Vic Schumacher and the company is HPE Financial Services and the question
today is term insurances and how do you know if you have good term insurance or bad term
insurance? If the policies are sitting there and they are for a term of 25 years. Is it
a good term or a bad term? Is it a good company or a bad company? The answer to that question
is what can you do with the policy? Lets say you are 25 years old and you have a 25 year
term policy. Is it a good policy? Maybe during that age of that policy after ten years you
want to convert that policy and have it start to build wealth. Do you have that ability
with this term policy? Is it a good term policy or a bad term policy? Are you captured in
to only being able to use that policy and not convert it? If you want to convert it
will you have to undergo underwriting again? These are the questions and the difference
between good term and bad term. I suggest the person who represents a variety of companies
to discuss this with them. My name is Vic Schumacher and the company is HPE Financial
Services, helping people every day.