What Is Life Insurance Cash Value?

  1. 16470 POINTS
    David Osgood
    Agent, Rural Mutual Insurance Co., Union Grove, WI
    Cash value for a life insurance policy is typically the amount of cash that the policy has accumulated over time and the amount ( less any fees or charges ) that you would receive if you were to cancel the policy. Typically whole life and universal life insurance policies are policies that could have a cash value after some time of ownership.
    Answered on September 18, 2013
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