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Why would there be one.
Term life insurance has no cash value when you surrender it...you may get a refund of premium I guess if it is surrendered before it is all used. That's just a refund.
The cost of the premiums you paid is entirely used for the protection for that period of time.
What else can I help you with?
When an existing life insurance policy is pledged as collateral it is considered?
surrendered
Life Insurance Policy?
form_title=Life Insurance Policy form_header=Protect your loved ones with a lifetime of financial security. Find a life insurance policy customized to fit your needs. What type of life insurance policy do you want to buy?= () Term Life Insurance () Permanent Life Insurance () Both () Not Sure How large of a life insurance policy do you want to buy?=_ Who will it cover?=_ Who would you list as beneficiary?=_
How do you find out if you have a life insurance policy?
One way to find a lost or missing life insurance policy is with the help of The Center for Life Insurance Disputes. They can help you locate policies that have been lost or forgotten about.
Does the policy date change on life insurance?
The policy date on life insurance typically does not change once the policy is issued.
Life insurance surrender value?
Some types of life insurance policies accumulate cash value over time. If an insurance policy contract is surrendered before the maturity date, a surrender fee must be paid. Surrender value will be calculated by Cash Value minus Surrender charge.
When an existing life insurance policy is pledged as collateral it is considered?
surrendered
How you surrender postal life insurance policy in India?
After your policy has covered three year's period bench mark, your postal life policy can be surrendered on request,as prescribed in the policy bond.
You surrendered a whole life insurance policy Do you have to claim this money on your income tax?
If you surrender a whole life insurance policy, you may have to claim the money on your income tax. The IRS states the amount you receive that is above the amount paid for premiums is considered taxable.
It is not important to have a life insurance policy.?
It is not important to have a life insurance policy.
What is the executor on a life insurance policy?
The Policy Holder of a life insurance policy is the executor of the said policy.
Life Insurance Policy?
form_title=Life Insurance Policy form_header=Protect your loved ones with a lifetime of financial security. Find a life insurance policy customized to fit your needs. What type of life insurance policy do you want to buy?= () Term Life Insurance () Permanent Life Insurance () Both () Not Sure How large of a life insurance policy do you want to buy?=_ Who will it cover?=_ Who would you list as beneficiary?=_
What policies are offered by General American Life Insurance?
There are many policies offered by General American Life Insurance. These include the Variable Life Insurance policy, the Condo Insurance policy and the Boat Insurance policy.
What is portable life insurance?
A life insurance policy is "portable" when upon leaving the group policy, you transfer your life coverage to an individual life policy with the same insurance carrier with no changes to the policy or increase in premium.
How do you find out if you have a life insurance policy?
One way to find a lost or missing life insurance policy is with the help of The Center for Life Insurance Disputes. They can help you locate policies that have been lost or forgotten about.
Is permanent life insurance the same as whole life insurance?
Technically, there is no insurance policy called as permanent life insurance. However, you can treat whole life insurance policy as permanent since the policy covered the whole life span of the policy holder and benefit is payable to nominee in the event of any eventuality of the policy holder.
What is ordinary life insurance?
Actually, whole life insurance policy other than endowment,single premia or ulip policy can be called ordinary life insurance policy.
Can the executor get the amount of the life insurance policy?
NO.. unless the policy does not have nomination. Only nominee will get the proceeds of life insurance policy.
