Boston Globe

By: Jill Boynton

When times are tough people often look to the cash value in their life insurance policies as a source of cash. In addition to borrowing the cash value, one strategy that is sometimes recommended is to sell your life insurance policy to a third party. You would get more than the cash value but not as much as the death benefit.

http://www.boston.com/business/personalfinance/managingyourmoney/archives/2009/09/selling_life_in.html

Published on 04 Sep 2009 at 05:58 pm