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Tracey's avatar

If life insurance policy was worth $10,000.00 in 1955 how much will it be in 2009?

Asked by Tracey (1points) November 16th, 2009
4 responses
“Great Question” (0points)

The different rates of life insurance over a period of 54 years

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The_Compassionate_Heretic's avatar

Unless the terms of the policy have changed, $10,000.

The_Compassionate_Heretic (14634points)“Great Answer” (2points)
qashqai's avatar

Disagree.
$ 10,000.00 in 1955 are certainly not $ 10,000.00 in 2009.
There are a lot of things in the middle, starting with inflation.

Anyways, I can’t really answer your question because we do need more details to perform a likely actualization.

qashqai (2465points)“Great Answer” (0points)
Sueanne_Tremendous's avatar

I agree with TC Heretic. If you bought a term life $10,000 policy in 1955 it will be worth $10,000 when you die.

Sueanne_Tremendous (11290points)“Great Answer” (0points)
VenusFanelli's avatar

Most likely, it’s still worth $10,000, unless you asked for more and paid for it.

VenusFanelli (487points)“Great Answer” (0points)

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