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If you are talking about Life Insurance, Paid Up, means the Life Insurance no longer needs Premiums paid as it is all paid up to sustane the policy for the duration chosen.

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17y ago

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Related Questions

What is paid up capital?

It is Par Value of share issued


Is share premium is part of paid up capital?

No, share value at par is considered while calculating paid up capital.


How you calculate the paid up capital?

The paid up capital = Number of authorised shares x nominal value per share


Is insurance cash value paid to insured taxable?

are paid up insurance proceeds paid to the living person insured taxable


What is paid up value in a life insurance policy?

The paid up value of your life insurance is the point at which no further premiums have to be paid. It can occur either by paying all of the premiums in a lump sum or by paying all of the premiums due in instalments. The precise value of a paid up policy is a fanction of the face amount of the policy, less policy loans or accrued earnings, if applicable.


Paid up cash surrender value of life ins policy?

What about it?


Does a paid up policy still guarantee coverage?

When a policy has attained paid up value, it will definitely guarantee coverage as prescribed in the policy bond paper.


What happens to my paidup additional life insurance if I cash in my policy?

The paid up life would have it's extra cash value too, so if you cashed it in for the cash value, there would be no more paid up life either.


Is interest added to the paid up value of a life insurance policy?

It's not interest but Bonus and now technically called Guaranteed Addition is added to the paid up value of a life insurance policy.But Loyalty Addition, Financial Additional Bonus (FAB) are paid at the time of maturity.


What would the surrender value of a paid up 1000 whole life policy The policy was paid up after 20 years with a surrender value or actual cash value of 289. interest rate 2.5 percent for 33 years?

Contact your insurance company and get the surrender value from them. There is no way to figure an amount in a format such as this.


WILL i GET PAID THE CASH VALUE FOR MY TOTAL LOSS?

No,, You get paid "Fair Market Value", which is often the same as Cash value.


Whole Life Policies--Are Dividends used toincrease insurance amount taxable?

You are talking about Paid up additions. No they are not. Proceeds in cash value are not taxable as long as the cash value does not exceed the amount of premiums paid.