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. | Guaranteed limited payment options
When you choose LifeWise, you are choosing an insurance product that is completely paid for after a number of years.
You can choose from two payment options with LifeWise. You can pay your premiums for 20 years or until you are 65.
- 20 Pay Option -- Let’s say you are 41 when you purchase LifeWise. If you have purchased the 20 Pay Option, you will pay your guaranteed premium until you are 61. You will still have the insurance coverage you need for life, you just don’t have to pay for it any more.
- 65 Pay Option -- With this option, you continue to pay your guaranteed premium until you are 65 years old. At that time, like the 20 Pay Option, you own the insurance coverage for life and you don’t have to pay any more premiums.
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