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2. How to cancel a life insurance policy

   www.aol.com/finance/cancel-life-insurance-policy...

   If you have a term life insurance policy. Term life insurance provides coverage for a specified period, such as 10, 20 or 30 years. It’s a popular choice for those seeking affordable coverage ...

3. What is cash surrender value? - AOL

   www.aol.com/finance/cash-surrender-value...

   If you cancel a permanent life insurance policy before it pays out, you may be able to walk away with its cash surrender value. Unlike term life insurance, which has no cash value component ...

4. Cash value - Wikipedia

   en.wikipedia.org/wiki/Cash_value

   The determination of the cash value, both the base amount and the applicable surrender charge, in the contract can be explicit by determining the value for each surrender date (guaranteed cash values), by referring to the value of specific investments or subject to the discretion of the insurance company, which is often executed to bring cash values in line with values of the investments of ...

5. Life insurance - Wikipedia

   en.wikipedia.org/wiki/Life_insurance

   Term assurance provides life insurance coverage for a specified term (usually 10–30 years). Term life insurance policies do not accumulate cash value, but are significantly less expensive than permanent life insurance policies with equivalent face amounts.

6. Types of life insurance - AOL

   www.aol.com/finance/types-life-insurance...

   There are two main types of life insurance: term and permanent. ... the insurer may either pay out the death benefit as a lump sum or pay out the cash surrender value, depending on the terms set ...

7. Life settlement - Wikipedia

   en.wikipedia.org/wiki/Life_settlement

   A life settlement or viatical settlement (from Latin viaticum, something received before death) [1] is the sale of an existing life insurance policy (typically of seniors) for more than its cash surrender value, but less than its net death benefit, [2] to a third party investor. [3]