Everything You Need to Know About Cashing in a Life Insurance
Canadian Lic13 Sep, 2024Finance
Cashing in a life insurance policy allows you to access its cash value, but it comes with pros and cons. This process can provide immediate funds for emergencies, debt repayment, or other needs, but may reduce death benefits and incur taxes or fees. Learn about the options, implications, and steps involved in cashing in your life insurance policy.
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