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@bongorob Whole life policies have surrender options that give you something back including reduced paid-up policies. If you are paying the premium on time and it says the policy will still terminate you’re probably dealing with a universal life insurance policy instead of whole life. The key...

@johnemmett Chances are your agent didn't set you up with the best option for what people who get cash value insurance are actually looking for, a cash value accumulation machine. If you want to understand this concept better there are a few good free resources that can explain it at great...

@nlr1 Generally nobody would want to buy your life insurance unless there's likely to be a relatively soon payout, more specifically in the case of what's known as a viatical settlement. People who have something like terminal cancer will sell their policy for some amount of the face value in...