Your old term insurance policies may be worth more than you thought! Before you surrender an old term insurance policy that you no longer require, consider the underlying value that the policy may have if it were converted to a permanent policy. A permanent insurance policy, even with no cash value, often has inherent value to it because of the insured’s age, health status, or the pricing on the policy.
Have a look at this Case Study, to see the value that can be created from a permanent insurance policy. As always, please contact us if you would like to see how this could work for you!
