Which of the following is not an option as a way to use the cash value of your whole life policy?
A) Borrow money from the policy at a low rate of interest.
B) Cancel the policy and use the proceeds to buy term insurance in the same value as your whole life policy.
C) Have the insurance company invest your cash value in stocks or mutual funds of your choosing.
D) Cancel the policy and get your cash value returned to you.
Correct Answer:
Verified
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