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.
If you stop paying your premiums, some insurance companies will give you a few days and some will not. Nonpayment of premiums for a long enough period will result in all policies being canceled. Thinking there is a âgrace periodâ is a common mistake many people make when it comes to paying insurance premiums late.