Answered

If a whole life insurance policy is canceled, who will receive the cash value?

A. The beneficiary
B. The insured's estate
C. The policy owner
D. The insurance company

1 point



Answer :

GinnyAnswer

Final answer:

The policy owner will receive the cash value of a cancelled whole life insurance policy.


Explanation:

The policy owner will receive the cash value of a whole life insurance policy if it is cancelled. Whole life insurance accumulates a cash value over time that the policy owner can access.


Learn more about Whole life insurance here:

https://brainly.com/question/43208224


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