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Old 08-19-2015, 10:08 AM   #7
fundmark19
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Join Date: May 2009
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Question!

My parents recently decided to look at some life insurance policies they had taken out on the kids. They were small policies ranging from 10-30k depending on the child and now that everyone is old enough to cover their own funeral expenses is the best way to cash them out? They have a combined surrender value of about 25k so it would be a nice chunk of change for my parents. 3 of the policies are life 65 policies so does it really make sense for them to keep paying for 25 years on these policies now
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