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Can you take money out of a term life insurance policy 2024?

Zoe Mitchell | 2023-05-07 11:59:48 | page views：1947
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Olivia Turner

Studied at Princeton University, Lives in Princeton, NJ
No, term life insurance pays a death benefit to your beneficiary if you die within the policy's term. Otherwise, it does not have any cash value. ... Once the policy has accumulated enough cash value, you can use it to pay premiums, or you can borrow against the value.
2023-05-07 11:59:48
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Lucas Turner

QuesHub.com delivers expert answers and knowledge to you.
No, term life insurance pays a death benefit to your beneficiary if you die within the policy's term. Otherwise, it does not have any cash value. ... Once the policy has accumulated enough cash value, you can use it to pay premiums, or you can borrow against the value.
Can I withdraw money from my term life insurance? - Insure.com
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