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2. How to sell your life insurance policy

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

   By doing this, you can increase your chances of securing a better price and avoid settling for less than your policy is worth. 4. Round up your paperwork. The selling process involves more than ...

3. Universal life insurance - Wikipedia

   en.wikipedia.org/wiki/Universal_life_insurance

   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. The ...

4. How to cancel a life insurance policy

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

   If you decide to cancel your term life insurance, the process is usually pretty simple. One of the most effective ways to cancel is by stopping your premium payments. Simply stop sending in the ...

5. Borrowing against your life insurance policy

   www.aol.com/finance/borrowing-against-life...

   Yes, you can borrow against your life insurance policy — but only if it has a cash value component. Think of it as giving yourself a loan from the value you’ve built up over time. However, don ...

6. Life settlement - Wikipedia

   en.wikipedia.org/wiki/Life_settlement

   Life settlement. A life settlement or viatical settlement (from Latin viaticum, something received before death) [1] is the legal 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] Such a sale provides the policy owner ...

7. Variable universal life insurance - Wikipedia

   en.wikipedia.org/wiki/Variable_universal_life...

   Variable universal life is a type of permanent life insurance, because the death benefit will be paid if the insured dies at any time as long as there is sufficient cash value to pay the costs of insurance in the policy. With most if not all VULs, unlike whole life, there is no endowment age (the age at which the cash value equals the death ...

8. Is Borrowing Cash from Life Insurance a Good Idea? - AOL

   www.aol.com/borrowing-cash-life-insurance-good...

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9. Life insurance - Wikipedia

   en.wikipedia.org/wiki/Life_insurance

   Life insurance (or life assurance, especially in the Commonwealth of Nations) is a contract between an insurance policy holder and an insurer or assurer, where the insurer promises to pay a designated beneficiary a sum of money upon the death of an insured person. Depending on the contract, other events such as terminal illness or critical ...