Previously, if a policyholder surrendered their life insurance policy within the first few years, they would typically receive only 50% of the total premiums paid between 4 th and 7 th year if suppose ...

Life insurance is designed to provide financial protection, but life happens, and your needs might shift. If you have a permanent policy, it could have built-up cash value, giving you the option to ...

Jessica Gibson is a content update editor and writer for Investopedia. She has over 10 years of experience in digital publishing and three years of experience covering financial topics like insurance, ...