Can you cash in a life assurance policy?

Can you cash in a life assurance policy?

Can I cash in on a life assurance policy early? Life assurance policies are designed to pay out when you die. However, some providers will allow you to cash them in early. If you choose this option, you’ll receive the value of the fund (or what you’ve paid in premiums) at that time, minus any penalty charges. Sep 2, 2021

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