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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...

    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 ...

  5. Life insurance - Wikipedia

    en.wikipedia.org/wiki/Life_insurance

    Chart of life insurance. ... borrowing the cash value, or surrendering the policy and receiving the surrender value. ... a policyholder who is a higher-rate taxpayer ...

  6. 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] Such a sale provides the policy owner with a lump sum. [4]

  7. 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 .

  8. 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 ...

  9. 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 ...

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