Sentences with phrase «value of the life insurance policy prematurely»
Not exact matches
On the other hand, many owners of permanent life insurance policies can't afford them, and end up surrendering the policy (and the cash value) prematurely.
https://www.policygenius.com/
If the insured dies prematurely the beneficiaries of the life insurance policy receive the death benefit, less any cash value in the policy, income tax - free.
On the other hand, many owners of permanent life insurance policies can't afford them, and end up surrendering the policy (and the cash value) prematurely.