Question

 What is an MEC in life insurance?

Answer A Modified Endowment Contract (MEC) is a life insurance policy with a premium schedule that results in a paid-up policy before the end of the seven-year pay test period.HistoryCongress passed legis... Read More »
http://www.answerbag.com/q_view/1883506

Top Q&A For: What is an MEC in life insurance

What is the difference in whole life insurance&term life insurance?

Life insurance pays a defined benefit amount when the policyholder dies. Term life insurance pays if the death occurs during the term of the policy--a predetermined number of years. Whole life insu... Read More »
http://www.answerbag.com/q_view/1883749

What is term life insurance and whole life insurance?

Term life and whole life insurance are two types of policies that provide a financial benefit when the insured passes away. Both life insurance policies have advantages in costs and protection that... Read More »
http://www.answerbag.com/q_view/1954784

How do I pay my life insurance premiums on line for Globe Life and Accident Insurance Co.?

http://www.globeontheweb.com/There's the website.
http://answers.yahoo.com//question/index?qid=20071028082050AAVROqM

What Types of Changes in My Life Can Affect My Life Insurance?

Life insurance is a policy purchased by an individual from an insurer over a specified amount of time. Based off the terms of the policy, the insurer agrees to pay the designated beneficiary a lump... Read More »
http://www.ehow.com/list_6822380_types-can-affect-life-insurance_.html


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