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What would your 2500 life policy by worth if you got it in 1952?
Wiki User
∙ 9y ago
If the policy was a term life insurance policy and presuming that you paid all premiums and the policy did not lapse for non-payment, it would be considered to be "fully paid-up". Therefore, upon the insured's death, the insurance company would be obliged to pay the face value of the policy. If the policy was a "whole life insurance policy", cash value would probably have accumulated so it may have more value ($2500 plus the accumulated cash value). A definitive answer cannot be given without reviewing the policy.
Wiki User
∙ 9y ago
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Sondra buys an insurance policy that cost 743 for every 2500 of insurnceif she buys apolicy worth 30000 of insurance how much does it cost her?
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