cashing out your insurance policy pros and cons Who’s relying on your being around for years to come? Many think that life insurance needs dwindle as they age, but there are a number of factors you need to consider before cashing out on your life insurance policy. “Some people think that once the kids have completed college or you have paid off your mortgage it is time to cancel or reduce life insurance. Baby Boomers are living longer, and cashing out life insurance can help pay off debt or provide funds for loved ones…” [ Read more here ]