How much is the cash value of a life insurance policy 2024?
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Because the policy offers a $1 million death benefit and you already have a cash value of $500,000, the insurance costs must cover the remaining $500,000. Ten years later, your policy's cash value has grown to $750,000. As you are 65 years old now, the cost of insuring your life is much higher.
2023-05-16 12:06:07
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Oliver Parker
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Because the policy offers a $1 million death benefit and you already have a cash value of $500,000, the insurance costs must cover the remaining $500,000. Ten years later, your policy's cash value has grown to $750,000. As you are 65 years old now, the cost of insuring your life is much higher.