Readers Question: “If you Cash in a universal life policy do you receive the net policy value or net cash surrender value?”

Brooklyn Park, Minnesota is located on the banks of the Mississippi River, just minutes from Minneapolis and St. Paul. As the sixth largest city in the state of Minnesota, they offer the natural beauty of renowned parks and trails, in concert with an abundance of commercial, cultural and educational opportunities.

Readers Answer: Typically it is called “Net Cash Surrender Value”. This is the amount of cash value in the policy accumulation account minus any outstanding loans etc. But it is typically referred to as “Net surrender Value” or “Net Cash Surrender Value”. Get your insurance agent to explain this to you in person.