Subject: Re: Re: Re: client question

Comments:
: Kimberly, : Are you asking about whether the life insurance policy will pay a benefit (known as a death benefit) in case of your death? Because if so, then that's a simple yes...that's what life insurance is for. Check your policy for any type of special exclusions that it may have (such as "accidental death only"). : If you're asking about whether you can take out money now, then "Agent" is correct that you can, if it is permanent/cash-value life insurance, take out 90% (some companies may different, but it's usually 90%) of the cash value OR you may surrender the policy for the cash surrender value. BEWARE... the cash surrender value in the early years of a policy are extremely low as compared to the amount of total premium paid AND you may have a taxable event by taking out this month. You should most definitely consult an licensed life agent and tax-planner in your area. : : Kimberly : : If your policy has cash value, you can surrender the policy or borrow against it. : : Agent : : : : : I am an existing client of the company. I have been for about 8 years now. I want to know if I can y use money from the policy to pay debt to spare my loved ones from pay the debt in the event i pass away.

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