What Is Life Insurance Buy Back?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    If this is referring to the buy back option for Life Insurance in Australia and New Zealand, it means that you can restore a bundled policy the original face amount, even after using part of the benefit for Total Permanent Disability (TPD) or Trauma.
    Answered on May 11, 2013
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