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2. How to sell your life insurance policy

   www.aol.com/finance/sell-life-insurance-policy...

   Pros of selling your life insurance policy. Immediate cash flow: Selling your policy can provide you with a lump-sum payment that can be used for any immediate financial needs, whether it’s ...

3. How to cancel a life insurance policy

   www.aol.com/finance/cancel-life-insurance-policy...

   Permanent life insurance policies, such as whole life or universal life, are designed to provide lifelong coverage, with maximum coverage ages ranging from 95 to 121, and typically include a cash ...

4. Does It Make Sense to Sell Your Life Insurance Policy?

   www.aol.com/news/2010-12-24-life-insurance...

   But while the lump-sum payment these life settlements offer might appear to be a godsend for a cash-strapped senior citizen, critics say life settlements are unethical or immoral -- and some say ...

5. Life settlement - Wikipedia

   en.wikipedia.org/wiki/Life_settlement

   A life settlement or viatical settlement (from Latin viaticum, something received before death) [1] is the sale of an existing life insurance policy (typically of seniors) for more than its cash surrender value, but less than its net death benefit, [2] to a third party investor. [3] Such a sale provides the policy owner with a lump sum. [4]

6. Universal life insurance - Wikipedia

   en.wikipedia.org/wiki/Universal_life_insurance

   Contributions to cash value life insurance contracts may be withdrawn tax-free, and the gains in the contract may be accessed tax-free through policy loans. Typically, no interest or principal payments are made until the death of the insured, when the entirety of the loan is repaid in a lump sum using a portion of the death benefit proceeds.

7. Life Insurance: How to Choose The Best Option for You ... - AOL

   www.aol.com/life-insurance-choose-best-option...

   Lump sum: The entire death benefit can be paid directly to the beneficiaries' accounts in a single lump sum. Annuity: The death benefit can be put in an annuity with a lifetime payout or on a ...