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The cash value of any policy depends on its face value and the value of the policy at maturity when the policy has been maintained in force.

The insurance company issuing the policy will be able to give you the answer you want.

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โˆ™ 2010-09-07 19:27:23
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Q: Cash value of paid in full 20 year juvenile industrial life insurance policy?
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Related questions

How do you reduce lift insurance policy face value and payment?

You reduce the lift insurance policy face value and payment by considering the basics of the cash value policy basics.


How do you cash in a life insurance policy?

You call the life insurance company and get the present cash value out of the policy. The policy will then be divested.


What is the cash value in an insurance policy mean?

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.


The face value of which type of insurance is reduced over the life of the policy-?

The decreasing term insurance has its face value reduced as the policy ages.


Can you transfer your cash value in an insurance policy to your investments?

no


Can you sell a 20 year term life insurance policy which has no cash value?

Can you sell a 20 year term life insurance policy which has no cash value


Can i take out a term life insurance policy then quickly sell it?

No, because Term Life insurance policy has NO cash value.


What limits the amount that a policy owner can borrow from the insurance poicy?

the limit of a loan against the policy is the amount of net cash value you have on the life insurance policy. Up to 75% of the paid up value of the life insurance policy, irrespective of the sum insured amount.


How do you find out the value of an old insurance policy?

Contact the company


Can the actual cash value of an extended term life policy be liquidated by the insured?

no there is no cash value in a term insurance policy


What is the maturity value of Policy No 901383537?

You need to contact the agent or the insurance company for that policy directly.


The face value of which type of insurance is reduced over the life of the policy?

decreasing term insurance


Which of these is an element of term life insurance?

This life insurance policy is worth only the face value.


How do you find out the cash surrender value of a physicians life insurance policy?

There is generally not a special form used for a life insurance policy issued to a physician. That said, if you are concerned with the cash surrender value, a whole life insurance policy (rather than a term life insurance policy) is implicated. The cash surrender value changes (usually increases) as the policy matures. The amount of the cash surrender value is shown on a schedule on the declarations page of the policy. The declarations page is one of the first pages of the policy which identifies the insured, the policy number, the amount of policy benefits and other information.


A variable life insurance policy is defined as what?

A variable life insurance policy is an insurance policy that allows the policyholders to invest their premiums in a variety of stocks and funds (options vary depending on the individual policy). This type of policy differs from a whole life insurance policy in that monthly premiums do not necessarily have to be paid (depending on the value of the investment accounts), and a month without a paid premium does not void the policy. Additionally, if the value of the investment accounts is higher than the benefit of the policy, the beneficiaries receive the greater value.


Does your policy have cash value?

A life insurance policy may have cash value if it is a "whole life insurance policy". This is a kind of life insurance, distinguished from "term" life insurance, that accumulates cash value for the period that it is in force and premiums are paid. Each premium paid goes to pay the cost of "indemnity" (the death benefit), the administrative costs incurred by the insurer, with all or a portion of the remainder going into the cash value. The cash value element of the policy is SOMEWHAT like a savings account within the policy. It grows slowly at first but faster as the policy matures. When a sufficient amount of cash value has accumulated, policy loans from the cash value are usually allowed per the terms of the policy. The loans bear interest at a rate provided for by the policy. Term life insurance does not accumulate cash value.


Old policy found is there any value?

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.


Can your dad cash out your life insurance without your permission?

Your dad can withdraw the cash value of your life insurance policy if he is the policy owner of your policy. If you have obtained adulthood, you dad cannot withdraw the cash value of your life insurance policy without your consent. If you are minor life assured, your dad as proposer can draw cash value on maturity,provided you will not be adult then.


How do you find about cash value on your policy?

Check with your agent or insurance company.


When a life insurance policy is cancelled and the insured selects term nonforfeiture the cash value of the policy will be used to purchase term insurance what happens to the face amount?

face amount reduces and the policy is made for paid-up value


What does it mean to surrender a life insurance policy?

It means you want to cancel the policy. If there is cash value in the policy, surrender charges will be deducted from the cash value and you will get the remaining balance.


Is it possible to borrow money from your us army life insurance policy?

No because it is not a cash value policy.


What if you had life insurance policy with university life insurance co of America?

Incomplete question, what about the policy? How to collect, is it is force, value, some specific question about it.


Can you take out a loan from all life insurance policies?

No. Only whole life insurance policies (sometimes called "permanent insurance") accumulate cash value. Policy loans are generally available from the accrued cash value. Since term insurance does not gather cash value, policy loans are unavailable.


Does a renewable and convertible term life insurance policy have a cash value?

No, generally speaking, no term life insurance policies have cash value.