Dear Penny: Do My Kids Get My Life Insurance if I Didn’t Disclose Terminal Illness?
Real Answers for Life’s Money Challengesby Robin Hartill, CFP®Senior EditorI have a life insurance policy worth $1.5 million with my two kids as beneficiaries. I have a degenerative disease called Spinocerebellar Ataxia Type One, which was diagnosed one year before I bought the policy. It’s a rare condition that is not well-known. The disease will have me bedridden at the end of it. When I pass away, will the company pay