From: loose_electrons@hotmail.invalid 
  
 As far as I know, yes - neither the old CAR nor the IRM will cover you 
 beyond your 75th birthday.  The CAR becomes a paid-up policy at any 
 anniversary date at or after the 65th birthday, and you receive 10% of the 
 coverage amount returned to you, if you don't elect to extend coverage until 
 75.  I haven't been able to find any reference to whether IRM becomes a 
 paid-up policy. 
  
 "'Ole"  wrote in message 
 news:Lzi4f.210242$tl2.155857@pd7tw3no... 
 > Am I missing something here;    Was and is CAR, and as well as IM, a done 
 > deal once you turn 75 years of age ? 
 > 
 > 
 > 
 > 'Ole 
 > 
 > 
 > 
 > 
 > "Allen"  wrote in message 
 > news:coi1f.8235$2F2.932665@news20.bellglobal.com... 
 >> "SISIP Financial Services (SISIP FS) is introducing a new term life 
 >> insurance plan, entitled Insurance for Released Members (IRM), to replace 
 >> the current Coverage After Release (CAR) plan effective 1 October 2005. " 
 >> (See Ref.) 
 >> 
 >> Got a package in the mail today from SISIP. As a present holder of a CAR 
 >> policy I can stay with CAR, change to IRM or chose a blend of both. 
 >> 
 >> As far as I can see it is clearly best to stay with CAR and pay the 
 >> increase in premium. 
 >> 
 >> Thoughts? 
 >> 
 >> Ref: http://tinyurl.com/7c7nt 
 >> 
 >> Allen 
 >> 
 > 
 > 
  
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