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Cash worth is a living benefit that continues to be with the insurance provider when the insured dies. Any kind of impressive lendings against the money value will lower the policy's survivor benefit. Senior protection. The plan proprietor and the guaranteed are normally the exact same person, yet in some cases they might be various. For example, an organization could get key person insurance policy on an essential employee such as a CEO, or a guaranteed may sell their own policy to a third event for money in a life settlement.
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