Cash Value of Life Insurance for SINP OID

[cooolideal]

Dear All,

I request you all seniors please clarify how can I use cash value of life insurance for SINP OID.

1. Is cash value life insurance also called life insurance?

2. Can we take life insurance policy on my dependent name?

3. I just start my life insurance policy. Can I used this? however my amount still not mature....

 

[cooolideal]

Ask here . This is the safest .
immigration@gov.sk.ca

thanks and appreciate for response

 

[cooolideal]

Actually we can advice you. But this is the most delicate matter.
If your application is rejected, then I will be sad.

no sir u r wrong....

I just appreciates if u share ur experience...I have already raised query and I just want to know here in detail....

Will be very thankful if u guide / advice...

 

[Pure Soul]

Dear All,

I request you all seniors please clarify how can I use cash value of life insurance for SINP OID.

1. Is cash value life insurance also called life insurance?

2. Can we take life insurance policy on my dependent name?

3. I just start my life insurance policy. Can I used this? however my amount still not mature....

All settlement funds should be readily available cash which can be used for living in canada in case you can' find job for 6 months..

 

[cooolideal]

I

All settlement funds should be readily available cash which can be used for living in canada in case you can' find job for 6 months..

I m asking about the cash value life insurance?

If anyone know in detail plz share the detail & how can I avail?

 

[cooolideal]

anyone with cash value life insurance plz share details...

 

[mgnlky]

anyone with cash value life insurance plz share details...

I used to work for an American Life Insurance Company.... Assuming they work the same as where ever you have your policy through, you could theoretically cash out your existing life insurance policy for the actual account value & use those funds towards the CIC requirements. However, if say in year 15 of the life insurance policy's existence the cash value will be $50,000, but you're only in year 2, you cannot claim that you have the full $50,000 available. You can only claim what is actually able to be collected if the policy is cashed out.

 

[daris25]

Dear All,

I request you all seniors please clarify how can I use cash value of life insurance for SINP OID.

1. Is cash value life insurance also called life insurance?

2. Can we take life insurance policy on my dependent name?

3. I just start my life insurance policy. Can I used this? however my amount still not mature....

Cash value certificate is acceptable, but cash value means how much money you paid for lic,

 

[cooolideal]

I used to work for an American Life Insurance Company.... Assuming they work the same as where ever you have your policy through, you could theoretically cash out your existing life insurance policy for the actual account value & use those funds towards the CIC requirements. However, if say in year 15 of the life insurance policy's existence the cash value will be $50,000, but you're only in year 2, you cannot claim that you have the full $50,000 available. You can only claim what is actually able to be collected if the policy is cashed out.

its mean if we start to pay premium but my life insurance amount of policy let suppose 15000USD is not complete so I m not able to claim base on just policy holder.

 

[cooolideal]

Cash value certificate is acceptable, but cash value means how much money you paid for lic,

its value amount should be mature...fully paid to insurance company by premium...

 

[mgnlky]

its mean if we start to pay premium but my life insurance amount of policy let suppose 15000USD is not complete so I m not able to claim base on just policy holder.

Did you buy this policy in the US or elsewhere?

 

[cooolideal]

Did you buy this policy in the US or elsewhere?

will buy in Pakistan