Answered

Discover the answers to your questions at Westonci.ca, where experts share their knowledge and insights with you. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.

If a whole life insurance policy is canceled, who will receive the cash value?

A. The beneficiary
B. The insured's estate
C. The policy owner
D. The insurance company

1 point

Sagot :

GinnyAnswer

Final answer:

The policy owner will receive the cash value of a cancelled whole life insurance policy.


Explanation:

The policy owner will receive the cash value of a whole life insurance policy if it is cancelled. Whole life insurance accumulates a cash value over time that the policy owner can access.


Learn more about Whole life insurance here:

https://brainly.com/question/43208224


Thanks for stopping by. We are committed to providing the best answers for all your questions. See you again soon. Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Westonci.ca is your go-to source for reliable answers. Return soon for more expert insights.