Some life insurance policies have cash value and loan value benefits. Some life insurance policies have cash value and loan valu

Question

4 years ago

8

e benefits. true false

2 answers:

Katarina [22] · Answer 1 · 2022-01-12T08:46:22+03:00

Answer:

The given statement is true.

Step-by-step explanation:

Some life insurance policies have cash value and loan value benefits.

Yes this is true.

There are few policies that give cash back at fixed time intervals, suppose say 5 years.

Like if you have a policy of $50,000 for 15 years with cash beach at every 5 years, so you will receive some value after each 5 years.

In large policies, you can also get loan benefits.

Alexus [3.1K] · Answer 2 · 2022-01-12T06:20:24+03:00

4 0

true some life insurance polices have cash value and loan value benifits