Sentences with phrase «component of a burial insurance policy»
If, however, the policyholder chooses to do so, he or she can either borrow or withdraw the money that is in the cash value component of a burial insurance policy — and they can do so for any reason, such as paying off large debt obligations, supplementing their living expenses in retirement, or even for going on a cruise or taking a vacation.
https://burialinsuranceplans.org/
The funds that are within the cash component of the burial insurance policy can be borrowed or withdrawn for any reason by the policyholder — including for the payoff of debt, the funding of a college education for a grandchild, and / or to help with supplementing of retirement income.