life insurance policy termination
How to Navigate Life‑Insurance Policy Termination, Tax Rules, and Effective Management
How to Navigate Life-Insurance Policy Termination, Tax Rules, and Effective Management A life-insurance policy terminates when the insurer cancels the contract or the holder surrenders it, often after a specified event or non-payment. In practice, termination can result from missed premiums, policyholder requests, or regulatory actions, each with distinct financial