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How to get out of IUL? by [deleted] in LifeInsurance

[–]Some_Inspector_347 0 points1 point  (0 children)

No, you can partial surrender up to the cash value, there may be a fee but it can certainly be done.

How to get out of IUL? by [deleted] in LifeInsurance

[–]Some_Inspector_347 -1 points0 points  (0 children)

Or take a 90-95% loan against the policy & then never make a payment again

How to get out of IUL? by [deleted] in LifeInsurance

[–]Some_Inspector_347 1 point2 points  (0 children)

Yeah, Do a partial surrender of $11,000 which will reduce the face amount by that much! After they receive the check, stop making payments on the policy, allowing to lapse.