How Much Money Does Life Insurance Give You?

  1. 12689 POINTS
    Ted Ratliff
    Owner, SFS Associates,
    Life insurance will pay to the beneficiary whatever the face amount of the policy is when you die.  If you have a permanent policy then you may be able to take a loan out on any cash value that has accumulated in the policy or you can cash surrender the policy for the cash value.  Check with your company or agent to find out how much cash value is in your policy.
    Answered on June 14, 2013
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