Contact either your life insurance agent or the company directly and ask them. If you are gun shy on making the calls, I can help. 4lifeguild
Check with your agent or insurance company.
You can contact the insurance company for a status paper of the policy to find out whether the policy was paid out or not.
Policy #484460 M1 what is cash value today. Thank You Wayne Vork jason@realestategroup.com 805-440-4593
Life insurance companies never go out of business. They are merged, purchased, or absorbed by another insurance company who then owned their assets and liaiblities. Any loan you have on a life insurance policy is going to be less than the cash value of the insurance policy so the value is going to exceed the amount you owe. You will want to find the new insurance company who now is responsible for your policy.
Call the Insurance Company.
Contact the company
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.
Check with your agent or insurance company.
i trying to find out if my father who is deceased have a policy
The owner of the policy is the only person who has a right to get information on a child's life insurance policy. The owner is also the only one who can make changes or withdraw money from the policy.
Yes, there are several companies who can issue a Whole Life insurance policy on a voluntary basis (individual plan) if you are younger than 80. A good agent can find you several options.
You call customer service of the insurance company and ask. But if the policy is cancelled, it is very likely there is no value to it.
You can contact the insurance company for a status paper of the policy to find out whether the policy was paid out or not.
The basic difference between term and whole life insurance is this: A term policy is life coverage only. On the death of the insured it pays the face amount of the policy to the named beneficiary. You can buy term for periods of one year to 30 years. Whole life insurance, on the other hand, combines a term policy with an investment component. The investment could be in bonds and money-market instruments or stocks. The policy builds cash value that you can borrow against. The three most common types of whole life insurance are traditional whole life policies, universal and variable. With both whole life and term, you can lock in the same monthly payment over the life of the policy.
I doubt that there's any cash value to the policy. Call the company and ask, or read the policy. The value is in the payments if G-d forbid you were to get cancer.
The value of a 60-year-old MetLife insurance policy would depend on the type of policy, its coverage amount, any accumulated cash value, and the terms outlined in the policy contract. It would be best to contact MetLife directly or review the policy documents to determine its current value.
Find out in what state the life insurance policy was taken out in. Call the Insurance regulator of that state and ask them how to get the number for Durham Life Insurance. Call them and give them the policy number or the Social Security number of the Insured. They should be able to assist you.