on a paid up life if you do a cash surrender on a after being paid off for over 50 years should there be interest earned?
- Casey YLv 71 month ago
There might be some interest, but not what you are likely expecting. Dont forget, the cost of the insurance itself is a part of the contract, so the cash value will never be anything close to what was paid in...
That said, 50 years is a long time and its possible the values have gotten quite large. Depending on the insurer...who knows.