Can You Get The Cash Value Of A Life Insurance Policy?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Yes, you can get an illustration to show how much cash value is in your life insurance, by simply asking the company through which your policy is issued. Or, if you want to spend the cash value, you can take out a loan from your policy, or cash the policy in. If you take a loan against it and then pay it back with interest, you will maintain the death benefit of the policy. If you cash it in, or surrender the policy, you will not longer have any death benefit protection.
    Answered on November 11, 2013
    flag this answer
    2. Did you find these answers helpful?
    Yes
    No
    Go!

Add Your Answer To This Question

You must be logged in to add your answer.


<< Previous Question
Questions Home
Next Question >>