Archive for the ‘Insurance’ Category

Cash value of life insurance?

koala_angel747 asked: I’m considering different options, possibly taking a loan out on the policy, or just cashing out, and I plan on speaking with someone this week about it, but I am curious if anyone knows how to figure out the cash value. Not the exact value, but just a guess. Would it be how [...]

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ATTENTION LIFE AGENTS,In terms of cash value insurance, Please explain this to me?

Rest of Your Life Off asked: If I want to take out a portion of the cash value, why must I borrow it in the form of a loan? actually it is MY money that I have already paid taxes on.
Why upon death does the insurance company get to keep ( steal) the cash value? [...]

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