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2011年8月1日星期一

Can i take cash from paid up insurance policy?

-Not all paid up insurance policies have a cash value.



If you are the policy owner, you can contact the insurance company and ask them. If so, you can borrow against it, or cash it in. If you're not the policy owner, you can do nothing.Show me a policy that's paid up and doesn't have any cash. Unless it's borrowed to the hilt, it should have some cash. But, taking it is a different question. Call them and ask. You may have to borrow it or cancel it to get cash. OR, it may be as simple as just taking the dividends (if any).
Probly but why would you? The policy is paid up with no future payments needed.

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