Can I get my money back if I cancel my life insurance 2024?
I'll answer
Earn 20 gold coins for an accepted answer.20
Earn 20 gold coins for an accepted answer.
40more
40more
Studied at the University of California, Los Angeles, Lives in Los Angeles, CA, USA.
Cash value is money in a life insurance that you can take out and spend while you are alive. Only permanent policies offer cash value. If you have a term policy, it doesn't have any cash value. You can cancel a term policy whenever you want, but you won't get any money back.
2023-05-07 11:59:09
评论(499)
Helpful(122)
Helpful
Helpful(2)

Olivia Nelson
QuesHub.com delivers expert answers and knowledge to you.
Cash value is money in a life insurance that you can take out and spend while you are alive. Only permanent policies offer cash value. If you have a term policy, it doesn't have any cash value. You can cancel a term policy whenever you want, but you won't get any money back.