Summary
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There are five alternatives for obtaining cash now from a life insurance policy.
The following are discussed in this article:
- Cash Value
- Living Benefit (also known as "Accelerated Death Benefit")
- Loans from friendly sources
- Commercial loans from a bank or other institution
- Cash surrender
To learn about a sale (as a Viatical Settlement, Life Settlement or Senior Settlement) see: Sale Of A Life Insurance Policy.
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