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Cash money worth is a living advantage that continues to be with the insurance provider when the insured passes away. Any type of outstanding lendings against the cash worth will decrease the plan's survivor benefit. Senior protection. The plan owner and the insured are generally the exact same individual, however occasionally they might be various. For instance, a business could purchase key person insurance coverage on an important worker such as a CEO, or an insured could sell their very own policy to a third event for money in a life negotiation.
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