What is a partial withdrawal from life insurance?

What is a partial withdrawal from life insurance?

Partial withdrawal refers to cashing out part of a life insurance policy, at which time the policy will stay in force (i.e. is not canceled). Taking direct cash out of your policy almost always has an impact on overall value; both in terms of total value and the death benefit amount left. Nov 6, 2019

See also  Where do I send my Transamerica life insurance payment?