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Assuming that Home Security had its home office in Durham, NC, the company merged into Monumental Life Insurance Company. Your first step may best be to contact Monumental to determine that the policy remains in force.

If the policy was a whole life policy (meaning that it accumulated cash value), you may be able to borrow some or all of the cash value if you are the owner of the policy. This assumes that the policy remains in force. That may be a big assumption. If cash value had accumulated but no premiums were paid for a long time, the policy may have "survived" by having premiums paid from the cash value.

You should contact Monumental directly, or a Monumental agent, for specific information.

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โˆ™ 2011-04-13 22:40:53
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Q: How do you cash in a policy with Home Security Life from 1956?
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