How Much Is My Life Insurance Policy Worth 4.7 (14)

There are a few main factors that go into figuring out how much money your life insurance policy is worth. The type of policy has an impact on how you can access cash. Permanent policies, including universal life, whole life, and variable life, build up cash value over time that the policy owner can borrow from or cash out. If you choose to cash out of your permanent life insurance policy, your beneficiaries will no longer receive the face value of the policy when you die.   Read more