How To Cash Out A Whole Life Insurance Policy?

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   Jason Goldenzweig

   Co-Founder, TermInsuranceBrokers.com, Goldenzweig Financial Group, Las Vegas, Nevada

   There is generally a form for the policyowner to complete to cash out a policy.  Your agent or the carrier (generally a representative in the policyholders' department) can send you this form. The exact requirements may vary by company.
   
   Before cashing out a policy, you want to find out whether or not there are any remaining surrender charges left on the policy.

   Answered on March 14, 2014

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