If you no longer need a whole life insurance policy, you have options including cashing it in or borrowing against its value.
such as whole life and universal life insurance. It serves as an investment-like savings account within the policy. Once you build up cash value you can access it in a few different ways.
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Nirmala Sitharaman said that the draft Bill will also simplify certain procedures and rules. The draft Bill will be tabled in Parliament soon.
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Known to be one of the longest standing requests of the insurance industry, this move creates room for increased participation from foreign players in India's insurance landscape. But the real tes ...