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- Yes, some types of life insurance can easily be cashed in before death for the accrued cash value1. If you need the money and you have a life insurance policy with a cash value, there are ways to get the cash from the policy without the insured person passing away. However, life insurance is meant to be used as financial protection for the family members left behind after a loved one unexpectedly dies2.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Yes, some types of life insurance can easily be cashed in before death for the accrued cash value. If you need the money and you have a life insurance policy with a cash value, there are ways to get the cash from the policy without the insured person passing away.www.lifeant.com/faq/can-life-insurance-be-cashed-i…
No. You can cash out part of your life insurance policy before you die in certain situations. Life insurance is meant to be used as financial protection for the family members left behind after a loved one unexpectedly dies.
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