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Cash money value is a living advantage that continues to be with the insurance policy firm when the insured dies. Any type of impressive lendings against the cash money value will lower the plan's death benefit. Long term care. The policy owner and the guaranteed are generally the same individual, but in some cases they may be various. As an example, a business might buy essential person insurance on a vital employee such as a CHIEF EXECUTIVE OFFICER, or an insured could market their own policy to a third party for cash in a life negotiation.
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