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.
1 Interest charged on a life insurance policy loan is generally not deductible for income tax purposes. 2  You can stop interest on your life insurance loan from accruing, simply by paying the interest out-of-pocket. 3  Ask your insurer about any processing fees that may be associated with the loan.