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Is Life Insurance a scam?
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Get ready for the future, boys! 😁
Is Life Insurance a scam?
Why or why not?
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Has anyone gone CAIA route ?
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There's a waiting period of 2 months for them to calculate your benefit. After that's complete, you can take the lump sum if it's under 25k.
Thanks EY1, did the actual benefit end up being similar to what you estimated it to be before you left? I'm worried this calculation period is going to make it less than what they told me it was before I left
It shouldn't. Since your termination date doesn't change. I think they need the time to compute the lump sum value. I didn't think the estimated benefit tool was helpful before I left if I recall correctly.
I checked online with the tool based on my last day date then taking it on the 1st of the following month. And they told me 18K then I called and they said the same estimate and mailed me papers. Just want to make sure it won't change to drastically in the next 60 days
I doubt it will. Keep me posted though. I couldn't get anyone to give me a number over the phone. Odd.