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

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

User CharlesNRice
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6 votes

Answer:

The given statement is true.

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.

User Fabdurso
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