yes
Check with your agent or insurance company.
Cash value is a savings element of whole life insurance. It is independent of the benefit amount and its growth is based on how much you have paid into the policy. You can access this money in the form of a loan while still keeping the policy, or if you were to cancel the policy you would receive a check for the cash value. If you would like to know how much cash value is in your policy you can call your ins. company or check the "schedule page" of your policy where there is usually a breakdown of how cash value will accumulate over time (depending on the type of policy). It usually takes several years for cash value to begin accumulating on an average adult policy.
That depends upon the type of policy it is. Term insurance has no value once the term expires. Whole life insurance has value, and can be cashed in. Read the terms of the policy. Given that the policy in question was found, and therefore was probably forgotten before it was found, I doubt that is has value - but check and see.
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?
The cash value is the amount of money your insurance policy is worth to the owner of the policy if the insurance is cancelled and the policy terminated. The insurance company will mail a check to the to the policy owner upon policy termination or cancellation by request of the owner. I would strongly encourage you to consult a professional in your area before cancelling an existing policy. There may be other options and alternatives to access the value of the policy without cancelling the insurance policy.
Yes these have great value because of the STRICT no trade policy with Cuba You should check on eBay for their value.
Cash value of a policy is the value or worth of the policy in the local currency, if surrendered immediately.
This will vary from policy to policy but generally musical instruments are covered. You should check to see if there are any limits on an item's value or any specific clauses in your policy.
My policy number is L1205763. What is the value?
Contact the company and check. If you have the policy, check to see if it was whole life or term. A term policy would definitely have no cash value; but another type of policy might.
Can I get the answer on line, or do i HAVE to call in? Where can i GET the cash value for my policy?
It usually talks about the cash value or surrender value of a permanent policy. It could also reflect the death benefit of any policy.