Subject: Re: Re: Re: My daughter's policy

Comments:
: : xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx : : TO: TOM WHITE : : FROM: KEN YOUNG : : Steve's response to you is not totally correct. Most likely he may have misinterpreted you posted message. : : First of all, in all instances you can not simply telephone an insurance company and tell them to cancel any life insurance policy without first filling out a cash surrender form and submitting it to the company. : : Now the next issue is as follows that Steve also neglected to mention. : : Even though you may have paid for your daughter's policy over a number of years, if she is 18-years old or older and the agent did not cancel the ownership endorcement when the policy was written or before your daughter reached age 18, your daughter is now the automatic owner of the policy and you will need her to sign the cash surrender form. : : The exception to that rule if the agent did not name you as the owner of the policy when the policy was first written. : : Happy to pass on to you some qualifed information to the subject matter of your posting. : : I am now retired after spending in excess of thirty years licensed in the insurance industry. : : Did Steve happen to mention to you that he only had been licensed in the industry for 8-months total before he started to offer consumers like you advice? : : Ken Young : : xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx : : : : : How do I cash-in/surrender her policy taken out when she was an infant. : : : Colleen M. White : : : Policy Number 04040367 : : : Thank you : : : Tom White : : : day phone: 913-287-2020 : : : eve phone: 816-436-8783 : Mr. White, : Mr. Young , has no credentials, has given you correct information. : You were the owner at the time the policy was applied for. You are still the owner. : Simply request cash surrender forms from the insurance company. The OWNER is the one that must sign the cash surrender forms, not the insured. Look at the application that is attached to the insurance policy ,and see who signed as the owner. : If you have any questions, post to this board. A qualified insurance professional will be happy to answer your questions. : Mr. young is not the one you want to take advice from.

Please enter the characters in the image above.