Shortly after construction of the town center began, the Atlanta, Birmingham, and Atlantic Railroad came through. The railroad was economically important to the town and the county because it provided quicker access to distant markets, and Wadley became a shipping center. By 1910, the population had reached 426.
Life insurance is a contract. Term life insurance is a contract based on the exchange of premiums for coverage. If you stop paying premiums and youâre past the reinstatement period, youâve lost coverage and may be required to re-qualify for coverage.
If you cash in your term life insurance policy, your coverage ends. There may be return of premiums at the end of the contract if that rider was selected. If the term life insurance policy can be converted to a permanent cash value policy, it may have value on the life settlement market. Answered on July 21, 2013. +0.