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Can cash value be taken from a Universal Life policy and still keep the policy intact?
Wiki User
∙ 15y ago
Yes, check the policy or with your agent or company on how much. Do you have the illustrations that were done when policy was issued or annually?
Wiki User
∙ 15y ago
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What is the value of a life insurance policy from Metropolitan life insurance taken out in 1924?
This answer will depend on the type of policy that was taken out and if the policy is still "in force". If the policy is a term policy (unlikely), whatever is the death benefit face amount of the policy. If the policy is whole life or universal life policy, the policy may have a cash surrender value and a death benefit value. Meaning that you may be able to simply cash out the policy and get a check prior to death. Or, upon death, the value would be the death benefit face amount plus any unpaid dividends and interest minus any loans that may have been taken out. I am happy to answer more questions or help you with this. Brian Lombardo, CPA, Agent
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Where do you go to find out if policy issued by The Equitable Life Assurance Society of the United States in 1979 is still valid?
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Who do you call to cash in an old policy?
the policy is a 500 hundred dollar policy was taken out on me in 1970 im 50 years old now what do i need to do to cash my policy
