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  2. 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 ...

  3. 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

  4. Does It Make Sense to Sell Your Life Insurance Policy?

    www.aol.com/news/2010-12-24-life-insurance...

    Before life settlements, if you owned a life insurance policy that you no longer wanted or needed, you had two choices: surrender the policy for its cash value or allow it to lapse.

  5. 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]

  6. Life insurance - Wikipedia

    en.wikipedia.org/wiki/Life_insurance

    Permanent life insurance is life insurance that covers the remaining lifetime of the insured. A permanent insurance policy accumulates a cash value up to its date of maturation. The owner can access the money in the cash value by withdrawing money, borrowing the cash value, or surrendering the policy and receiving the surrender value.

  7. 5 Life Insurance Policies You Really Need to Cancel

    www.aol.com/news/on-life-insurance-policies-you...

    Gerber Life Insurance Co. advertises a $10,000 policy for "pennies a day" that could be used to cover funeral expenses. The chances that a baby born in the United States will die in childhood ...

  8. What is cash value life insurance? - AOL

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

    How does cash value life insurance work? 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 ...

  9. 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 ...

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