Wife's Life Insurance Policy Cashes Out LateJan 15 2013
When I bought life insurance policies for myself and for my life, I believed that my wife would have the same end date since the policy is a whole life policy. That is not how Prudential does things though. My policy covered me until I was 65 years old and then cashed out. My wife on the other hand could not cash out until she was 83. I don't know how I missed this fact. No one ever advised me about this either.