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.
Term life insurance has no cash value. Therefore when a premium payment is missed, the policy will immediately go into grace period, and then lapse after the prescribed amount of time. Always make a premium payment on time for a term life insurance policy, and do not miss payments.