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Author Question: Which of the following is notan option as a way to use the cash value of your whole life policy? (Read 29 times)

809779

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Which of the following is 
not an option as a way to use the cash value of your whole life policy?


◦ Borrow money from the policy at a low rate of interest
◦ Cancel the policy and use the proceeds to buy term insurance in the same value as your whole life policy
◦ Have the insurance company invest your cash value in stocks or mutual funds of your choosing
◦ Cancel the policy and get your cash value returned to you


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Marked as best answer by 809779 on Apr 14, 2019

leannegxo

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leannegxo

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