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	<title>New answer on: Can You Surrender A Life Insurance Policy?</title>

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		<title>By: Jim Winkler</title>

		<link>https://www.insurancelibrary.com/life-insurance/can-you-surrender-a-life-insurance-policy</link>

		<dc:creator>Jim Winkler</dc:creator>

		<pubDate>Wed, 16 Apr 2014 19:58:02 +0000</pubDate>

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		<description><![CDATA[Great question! It is almost always better to surrender a policy instead of just stopping payments and allowing the policy to lapse. By surrendering it, you can retrieve all or most of the cash value in the policy. Be aware that term policies have no cash value, so there is nothing there to get back. Once you have surrendered the policy, you lose all coverage that the policy had provided, so be sure that your new policy is in force first, okay? Any questions, please contact me. Thanks for asking!]]></description>

		

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		<title>By: Gary Lane</title>

		<link>https://www.insurancelibrary.com/life-insurance/can-you-surrender-a-life-insurance-policy</link>

		<dc:creator>Gary Lane</dc:creator>

		<pubDate>Fri, 06 Dec 2013 19:47:27 +0000</pubDate>

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		<description><![CDATA[You certainly can surrender a policy for its cash value, but then you have no life insurance. It would be much better for most folks to just borrow money from their policy and either pay it back or not. With a surrender, you will have to pay tax, but with a loan you will not, even if you do not pay it back, and you would still have a smaller but existing life insurance policy. Pay it back later and the death benefit returns automatically to the full amount! Call me, Gary Lane, Agent, New York Life, 949 797 2424. Thanks.]]></description>

		

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		<title>By: Peggy Mace</title>

		<link>https://www.insurancelibrary.com/life-insurance/can-you-surrender-a-life-insurance-policy</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Wed, 04 Dec 2013 16:21:57 +0000</pubDate>

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		<description><![CDATA[Yes, you can surrender a life insurance policy at any time. If you have a policy with cash value, there will most likely be a surrender charge during the first years of the policy. This charge will be taken from the cash value, and then you will get the remainder of the cash value, if any. If you surrender term life insurance, there is no cash value, so your coverage will simply end.]]></description>

		

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