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    Edward HarrisPRO
    Owner, Best Health And Car Insurance Rates - Instant Online Quotes, US
    To "cash out" a life insurance policy, of course, there must be cash in the policy. Typically, it takes a year or two (sometimes less) to accumulate cash.

    There are other variations of the previously-mentioned permanent plans that may also have a cash value.


    Whole life, variable life and universal life plans will generally have a cash value available to you. Term plans typically do not.
    Answered on May 2, 2013
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