Life insurance value Archives - Udell Family Insurance

Life Insurance Policies That Generate Immediate Cash Value

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Life Insurance Policies That Generate Immediate Cash Value

With so many types of life insurance policies to choose from, you need to look for one that can generate cash value quickly and efficiently. Whole and universal policies are the only types of insurance policies that will produce a cash value account that can be used by the owner of the policy. A cash value account is set aside from the actual death benefit. The money put into the account is often used for investments and can raise the overall value of a policy over a long period. The policy owner also has the option to tap into the […]

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