If your financial situation shows that you no longer need
that big lump sum of cash, it might be time to consider closing out that policy and moving into a permanent Whole Life plan that takes care of Burial Insurance and / or Final Expenses
A debt settlement for less than the full balance owed gives a debt collection company the opportunity to collect a
lump sum payment in one
big payment, and creditors often don't turn down a
lump sum chunk
of cash!