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Surrender Papers

March 30th, 2007 at 11:09 am

DH called Prudential last night to have them send him the surrender papers for his whole life insurance. Of course, they were not happy and gave him a hard time about it. He finally told them that they might as well not waste their time going through all the numbers, just to send the papers. So I should be getting a fax at the library today and hopefully we'll be able to fax them back tomorrow. Hopefully the cash value check will arrive within the next month. Soon the Discover card will be paid off!

Posted in Credit Cards, Insurance, Extra Income | 3 Comments »

3 Responses to “Surrender Papers”

  1. nance Says:
    March 30th, 2007 at 12:50 pm 1175259051
    1175259051

    Good plan!

  2. Elly Says:
    March 30th, 2007 at 01:28 pm 1175261332
    1175261332

    I work in the surrender department of a life insurance company. Luckily, our reps do not do the "you're making a mistake" dance. I didn't really realize how bad whole life and universal life insurance was until I started listening to Dave Ramsey. Once I figured it out I cashed in our whole life policy and bought term.

    Congratulations on the Discover! That's awesome!

  3. Ima saver Says:
    March 30th, 2007 at 02:16 pm 1175264179
    1175264179

    Good for you, never buy whole life.

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