Can a pooled sdavings sketch interefe next to your relative's existence insurance rate?
Hello, my fiance and i are trying to open a regular savings explanation together to save for our wedding but within is one problem, he and has family be told that his father's life insurance agency would add the expediency of the account to their total and that the rate for the life insurance would jump up. I think this is all wrong because it's not approaching he is getting another source of income, he is just putting his money aside in another statement. To me this also means that he couldn't open a credit card report or anything because if that was true, those accounts would interfere as well. He have been able to overt several credit card accounts without a problem. Please tell me i'm right. Could crack a joint savings picture with me affect the rate of his father's life insurance?
Answers:
NO! It couldn't occur. The one (savings account) has no bearing on the other (life insurance).
If you hold ANY doubts pick up the phone and ask the insurance agent.
Hope this helps,
Jim
Related Questions:
Answers:
NO! It couldn't occur. The one (savings account) has no bearing on the other (life insurance).
If you hold ANY doubts pick up the phone and ask the insurance agent.
Hope this helps,
Jim
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