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  2. How to sell your life insurance policy

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

    Life expectancy. Minimum payout as % of face value (minus outstanding loans) Less than 6 months. 80%. 6 months to less than 12 months. 70%. 12 months to less than 18 months

  3. How to cancel a life insurance policy

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

    Permanent life insurance policies, such as whole life or universal life, are designed to provide lifelong coverage, with maximum coverage ages ranging from 95 to 121, and typically include a cash ...

  4. What is cash value life insurance? - AOL

    www.aol.com/finance/cash-value-life-insurance...

    Cash value life insurance is permanent life insurance with a cash accumulation component. As long as premiums are paid, these policies are designed to last your entire life (typically up to a ...

  5. Universal life insurance - Wikipedia

    en.wikipedia.org/wiki/Universal_life_insurance

    Universal life insurance (often shortened to UL) is a type of cash value [1] life insurance, sold primarily in the United States.Under the terms of the policy, the excess of premium payments above the current cost of insurance is credited to the cash value of the policy, which is credited each month with interest.

  6. Turn Your Life Insurance Into Cash - AOL

    www.aol.com/finance/turn-life-insurance-cash...

    Surrender: You can surrender your policy to your insurance company at any time and withdraw the total cash value of your life insurance. However, you may have to pay steep surrender fees of as ...

  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]

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