Sentences with phrase «component of the 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The funds that are within the cash component of the burial insurance policy can be borrowed or withdrawn for any reason by the policyholder — including for the payoff of debt, the funding of a college education for a grandchild, and / or to help with supplementing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.