I read a powerful article that someone recently wrote. You can read it HERE. This is a story of a young family whose lives were affected by cancer. This article was written by a widow and she describes how they tried to get her husband life insurance coverage after he was diagnosed with cancer. They tried multiple times and were finally able to get coverage nine years after the cancer diagnosis. Then, not long after he got life insurance coverage,
I am often asked my opinion of Return of Premium life insurance — ROP for short. Like most products on the market, ROP can make sense for some and not for others. When ROP products were first offered several years ago, I heard Clark Howard offer his opinion on the product and I was a little suprised by what he had to say. He said that it was a good move for those people who are very diligent about paying their premiums on time and plan to keep the policy for the full term period.
