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Yes, if you have a policy with cash value. Term policies have no cash value. Permanent policies designed to develop cash value probably have no value if they are newer than 3 years old. Contact the insurance company for a surrender value. Also ask what other options you have (loans, stop premiums, etc).
What else can I help you with?
Who do you call to cash in an old policy?
the policy is a 500 hundred dollar policy was taken out on me in 1970 im 50 years old now what do i need to do to cash my policy
How do you find out the cash value of a policy?
Can I get the answer on line, or do i HAVE to call in? Where can i GET the cash value for my policy?
Cash value of policy?
Cash value of a policy is the value or worth of the policy in the local currency, if surrendered immediately.
Can you collect cash from your life insurance?
If your policy has a cash value associated with it you can get money for surrendering the policy. Term Life has no cash value, but a whole life or universal life policy may have a cash value in it. That depends on what type of policy it is, how long it has been in force, and assuming the payments have been made.
Are cash values available on a paid-up insurance policy?
You can cash it in.
Who do you call to cash in an old policy?
the policy is a 500 hundred dollar policy was taken out on me in 1970 im 50 years old now what do i need to do to cash my policy
How do you find out the cash value of a policy?
Can I get the answer on line, or do i HAVE to call in? Where can i GET the cash value for my policy?
Cash value of policy?
Cash value of a policy is the value or worth of the policy in the local currency, if surrendered immediately.
Policy that allowed arms sales to allied warring nations if they paid in cash?
cash-and-carry policy
Can you collect cash from your life insurance?
If your policy has a cash value associated with it you can get money for surrendering the policy. Term Life has no cash value, but a whole life or universal life policy may have a cash value in it. That depends on what type of policy it is, how long it has been in force, and assuming the payments have been made.
Can you cash in your policy on your husband?
i don't know if he has a policy...how do i find out?
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
Are cash values available on a paid-up insurance policy?
You can cash it in.
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.
What is cash surrender insurance policy mean?
The value accrued at the time of surrender of the policy is called cash surrender value of the policy. Generally, before completion of three year period, no life policy can be surredered and hence question of cash surrender values does not arise.
What is cash value for a policy?
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.
Can you cash out an accident death policy?
no
