What Is An Overfunded Life Insurance Policy? 
Understand how they work can be quite confusing . It 's in your best interest to overfund but not to create a MEC . Inside the policy , there is a mortality table . Each year you get older , the cost of insurance increases . If it is not funded properly or the investment does n't perform well . There is a chance the policy can self destruct . Term is the way to go in some cases . Just based upon your need if it 's right for you . 