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| *Ostroff, Fair and Company>>>Insurance |
Can I cash in my life insurance policy now? |
Can I cash in my life insurance policy now? If there is cash value built in the policy, yes you can. There are two ways you can cash it out 1) You can borrow some of it and pay monthly interest on it. 2) Cancel the policy to get the cash value, but surrender charges may apply. Source(s): http://obe231.blogspot.com call the company and ask them! It depends if it is a whole life pollicy I don't think term life has that option also talk to your agent. you can cash it if its a life policy and you are sole benefiairy just ssec a certified copy of the deceased death cert.to the company they will send you forms to complete. i got this info from pass experience on my mom death No. You will need to wait until Monday. |
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