How To Cash In A Paid Up Life Insurance Policy?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    To cash in a paid up life insurance policy, contact the company that has issued you the policy. They will provide you with a form that you can complete and sign to perform this action.

    Before you do that, you may want to inquire about taking a loan against your policy. That way you can keep the death benefit protection but still get use of the cash value.
    Answered on August 31, 2013
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