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What happens when a life insurance policy endows 2024?

Julian Turner | 2023-05-07 12:06:07 | page views：1968
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Isabella Lopez

Studied at the University of Amsterdam, Lives in Amsterdam, Netherlands.
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.
2023-05-17 12:06:07
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Julian Clark

QuesHub.com delivers expert answers and knowledge to you.
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.
TAXATION AT MATURITY: CASH VALUE LIFE INSURANCE Is your ...
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