No announcement yet.

Life Insurance Policy Illinois

This topic is closed.
  • Filter
  • Time
  • Show
Clear All
new posts

  • Life Insurance Policy Illinois

    My parents have been paying for a $25,000 life insurance policy since I was 1 (now 25). They have completed the payments and are turning it over for me to take care of. I have an option to continue paying it for an increase in benefits or I can opt to take the cash. Does anyone know what the cash value might be if I decide to stop it and take the cash. My parents have only been paying $6.75/month for 24 years. I know it depends on interest and dividends and stuff but wanted to try and get a ballpark figure before I meet with the lady on saturday. Any thoughts would be greatly appreciated. Thanks!!!

  • #2
    It depends on the plan of ins., etc. You will have to get the cash value from the ins. co. or your ins. agt.
    Too often we underestimate the power of a touch, a smile, a kind word, a listening ear, an honest compliment, or the smallest act of caring, all of which have the potential to turn a life around. Leo Buscaglia

    Live in peace with animals. Animals bring love to our hearts and warmth to our souls.