I'm still a bit confused with S-DVI and VetLife. I have S-DVI with waived premiums which, as I understand it, it is similar to a whole life policy with a 10k benefit. I understand it is good that I have that because the full force of VetLife is is not payable until after 2 yrs. Knowing that, if I signed up for 40k benefit from VetLife would my beneficiary (wife), after 3 years be entitled to 40k + 10K?
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x020574
I'm still a bit confused with S-DVI and VetLife. I have S-DVI with waived premiums which, as I understand it, it is similar to a whole life policy with a 10k benefit. I understand it is good that I have that because the full force of VetLife is is not payable until after 2 yrs. Knowing that, if I signed up for 40k benefit from VetLife would my beneficiary (wife), after 3 years be entitled to 40k + 10K?
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broncovet
Yes. An insurance policy is a contract. If you have a contract to buy a car (payments) and you buy an additional car (with payments), then you owe for both, under the terms of the individual contrac
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