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My husband had to cancel his life insurance. Can he get any

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Posted: Wed Nov 11, 2009 8:28 pm   Post subject: My husband had to cancel his life insurance. Can he get any   My husband had to cancel his life insurance. Can he get some of his money back?	compel1 New member Joined: 11 Nov 2009 Posts: 1 1.24 Dollars($)
Posted: Wed Nov 11, 2009 10:15 pm   Post subject:    Depending on the type of policy and how he's paid his premiums, yes he probably can. For a start, if he's paid an annual premium and canceled part way through the year, he should get a partial refund of his premium. Secondly, some life insurance policies have a cash surrender value which gives you back some of the premiums you have paid to date, somewhat like a savings account, though what you get back will be significantly less than you total premiums paid over the years. as far as I know there isn't a hard and fast rule ont his, it depends on your individual policy. _________________ Get free insurance quotes or Purchase auto Insurance online in minutes.	heidrek Senior member Joined: 19 Oct 2009 Posts: 236 36.87 Dollars($)

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