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

    0  Views: 634 Answers: 1 Posted: 14 years ago

    1 Answer

    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.



    Top contributors in Insurance category

     
    ROMOS
    Answers: 15 / Questions: 0
    Karma: 1110
     
    country bumpkin
    Answers: 13 / Questions: 0
    Karma: 795
     
    Colleen
    Answers: 38 / Questions: 0
    Karma: 750
     
    Benthere
    Answers: 1 / Questions: 0
    Karma: 540
    > Top contributors chart

    Unanswered Questions

    2haywin1
    Answers: 0 Views: 4 Rating: 0
    s8clubuk
    Answers: 0 Views: 4 Rating: 0
    s8clubuk
    Answers: 0 Views: 5 Rating: 0
    abc8
    Answers: 0 Views: 8 Rating: 0
    Pk456tech
    Answers: 0 Views: 9 Rating: 0
    pesolending
    Answers: 0 Views: 5 Rating: 0
    56winworld
    Answers: 0 Views: 11 Rating: 0
    > More questions...
    524852
    questions
    758350
    answers
    871359
    users