Terms Life Insurances-term life policy?
by admin ~ March 6th, 2010 . Filed under: Insurance .
brutal s asked:
i am wanting to cash in a 14year life insurance policy. the amount is $50,000. what is the formula for a cash out, in other words how much will i receive?
Zachary Wygand
i am wanting to cash in a 14year life insurance policy. the amount is $50,000. what is the formula for a cash out, in other words how much will i receive?
Zachary Wygand
March 7th, 2010 at 12:35 pm
If it is true term insurance then you would get nothing. Term insurance is temporary coverage that builds no cash value so you get nothing when it ends. If it is another type of policy there might be something available to you, but I don’t have enough information to help you.
March 8th, 2010 at 9:26 pm
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