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Archive for the 'Norfolk, Virginia' Category

December 9, 2008

What Happnes To A Lapsed Life Insurance Policy In Norfolk?

State:

Readers Question: “Can you get money back from a lapsed life insurance policy?” Jo lives in Norfolk, Virginia.
Answer to Readers Question: Whole Life Insurance policies lapse due to non-payment. Usually there is a provision that is called the Automatic Premium Loan that takes money out of the cash value to pay premiums [...]