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Answered 2012-06-25 11:58:25

Google the types of life insurance first. You need to learn a little about life insurance. The terms you are using and spelling are weird. Most people use cash value insurance to describe a type of life insurance.

I do not really understand what you mean but, from my experience, I can only guess that by life insurance you mean term life insurance. If that is the case, then, in most situations, term life insurance has lower premiums than cash value life insurance (whole life, universal life...). Be well! mcdlife.com

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Not all insurance policies have cash value. Term life has no cash value. Whole life does have cash value. You will have to talk to your insurance company and tell them what you want. If you have a whole life policy with cash value, then withdrawing that cash is essentially like taking money out of a bank account; very simple.


Cash value of whole life insurance is referred to as the "Cash Surrender Value". The cash surrender value is money the policyholder is supposed to receive from the insurance company when surrendering the whole life insurance policy with cash value. The cash surrender value amount due is the sum of the cash value stated in the whole life insurance policy minus any surrender charge and any outstanding loans and interest due on the loans.


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


If you have a permanent type of policy such as whole life or universal life there may be some cash value to recover.If it is a term insurance policy there is no cash value so there is nothing to "cash out".


Yes, if your life insurance policy has accumulated cash value. Not all life insurance policies will accumulate cash value: for example, term life insurance policies will not accumulate any cash value. Whole Life and Universal life policies can accumulate cash value and the policy owner can take loans in the limit of the cash value (some companies limit loans to 70 - 80% of the cash value).


If you have an old life insurance policy can you cash it in for cash value


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


No you canNOT cash in term life insurance. It has no additional value beyond the death benefit.


Cash value insurance can be "whole life insurance" or "universal life insurance". There are few differences on how the funds are invested and if dividends can be paid that would increase the cash value, but both types of permanent life insurance can accumulate cash value. There is also a type of term insurance that has a "return of premium" feature that will return all premiums back at the end of the term. This type of term life policy is not actually accumulating cash value because you only get back the premiums you paid.


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


The website Insure shows one how to calculate the cash value of Life Insurance. Their model shows what could happen to the cash value and death benefit if one taps his/her cash value to pay premiums.


The government cannot garnish a life insurance cash value policy. However, they can attach a lien on the cash value if it is deposited into a bank account. They can also petition the court to force an individual to hand over the cash value.


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.


The cash value of something is the value before taxes. Net or Netto cash value is after taxes.


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.


Term insurance may or may not have cash value at some point. It has no value when it expires. For example, If a person bought term insurance at 30 which would expire at 70, it could have some cash value when that person was between the ages of 40 and 60. Term life starts losing cash value when people start dying. It becomes worthless when it expires. If you want to use your term life insurance policy, you will need to die before it expires.


The benefits of purchasing cash value life insurance is to have money available in case of emergency. A cash value policy is like a bank account. You can withdraw the money paid in at anytime.


No. To the best of my knowledge, veteran's life insurance has no cash value.


No. Term Life insurance does not have any cash value and expires at the end of the term, usually age 70.You can borrow against a permanent or whole life insurance policy however, but whatever amount is borrowed may reduce its cash value.


The face value is what your beneficiaries will collect. The cash value is the excess of your premium payments over the cost of the insurance. Click here for more about life insurance cash value.



Pays out to beneficiary-just the value of coverage not cash value if sold.


noCash Value:The savings portion of a life policy. When your premium payments are more than the cost of insurance, the excess goes into a cash value account and draws interest. Surrender Value:What your insurance company will actually pay you if you drop your life insurance policy. Third party life settlement companies usually pay much more.


There are two different types of life insurance policies: Term life insurance and cash-value life insurance. Term life insurance covers the owner of a set period of time, while cash-value policies can be used to build up cash value as an investment. Before signing on the dotted line, speak to a a representative who can guide you through the fine print.




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