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2. How to cancel a life insurance policy

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

   When you surrender a permanent life insurance policy, you may receive a payout from the cash value, but this is often reduced by surrender charges, especially if you haven’t held the policy for ...

3. How to sell your life insurance policy

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

   Surrender your policy: Permanent life insurance policies with cash value can be surrendered, allowing you to receive the surrender value — the cash value minus any fees or outstanding balances ...

4. Borrowing against your life insurance policy

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

   Borrowing is only available on permanent life insurance policies, such as whole or universal life, not on term policies. ... For example, let’s say a policyholder wants to surrender their policy ...

5. 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 ...

6. 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.

7. Whole life insurance - Wikipedia

   en.wikipedia.org/wiki/Whole_life_insurance

   Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called "straight life" or "ordinary life", is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date. [1] As a life insurance policy it represents a ...