At what age does my life insurance volume reduce?

On January 1, on or following your 65th birthday, your total amount of life insurance will reduce to the greater of:

  • 65% of your amount of life insurance in force, rounded to the next higher multiple of $1,000, if not already an exact multiple thereof, or
  • $20,000

If your total amount of life insurance is less than $20,000, your amount will not reduce.

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