What happens when a life insurance policy matures 2024?
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Studied at the University of Buenos Aires, Lives in Buenos Aires, Argentina.
Older cash value life insurance policies are typically set to mature at a specified age (generally age 95 or 100). This means if the insured is still alive at the time the policy matures, the cash value of the policy is paid to the policy owner in lieu of the death benefit.
2023-05-14 11:59:07
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Oliver Green
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Older cash value life insurance policies are typically set to mature at a specified age (generally age 95 or 100). This means if the insured is still alive at the time the policy matures, the cash value of the policy is paid to the policy owner in lieu of the death benefit.