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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.

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11y ago

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How and when can you cash in part of your life insurance policy?

Hi David, Redeeming cash can be accomplished through a simple phone call to the policyholder service department of your company. It can be done as soon as cash has accumulated, but must be done in full recognition of the impact the loss of cash will have on both the cash account and the survivor benefit. Regards, Steve Kobrin www.stevenkobrin.com


How does one find out the cash value of an old 500 dollar life insurance policy that was paid up 40 years ago.?

Call the Insurance Company.


How do you find out the cash surrender value of a physicians life insurance policy?

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.


How do you find about cash value on your policy?

Check with your agent or insurance company.


Where could one purchase cheap life insurance?

Zander insurance shops around to find the best insurance prices available. They do not deal with whole life, universal life or any other type of cash value insurance. They only deal with term life insurance, which is the best buy in insurance industry.


How do you find out about cashing in life insurance bond for cash?

answers to my related benefits on my term life insurance


How do you find out the value of old life insurance policy from Metropolitan Life Insurance company head office in New York?

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How to terminate life insurance?

Just call your agent or your insurance company's customer service department and tell them you wish to cancel your life policy. If it is a cash value plan you may have money coming back. Why do you want to cancel it? Did you find out you will never die? Also, consider selling it. You will get more than your cash value if it is that type of plan and certainly more than your cash value of term which is ZERO. I can help you with this. 4LifeGuild


How does one find out the cash value of an old 500 life insurance policy that was paid up 40 years ago.?

You must call the company and ask.


Is there a cash value on voluntary life insurance after retirement?

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.


If a Life Insurance company goes out of business what happens to the loan you have with them?

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.


What are typical loan amounts against paid up life insurance?

Any amount up to the cash value of your life insurance. I caution you on taking a loan tho. Many people find it difficult to pay back and that can damage your policy. 4lifeguild