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    4. If you have a life insurance policy and pay it off ...What happens to the policy then?
    If you have a life insurance policy and pay it off ...What happens to the policy then?

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    0  Views: 564 Answers: 1 Posted: 12 years ago
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      If a policy has matured the document becomes worthless. If you have simply stopped paying, the policy becomes 'paid up' in which case you can re-start premium payments or leave the policy until it matures. Best to see an insurance agent to check this.

      11 years ago. Rating: 1
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