1. Introduction
These Terms and Conditions outline the agreement between you (the policyholder) and Cash Value Solution Life Insurance ("Cash Value Solution", "we", "us", "our"). By purchasing a life insurance policy from Cash Value Solution, you agree to be bound by these Terms and Conditions.
To be eligible for a life insurance policy with Cash Value Solution, applicants must be at least 18 years of age and meet other criteria as specified during the application process. We reserve the right to decline any application for insurance.
The specific details of your life insurance coverage, including the scope of coverage, premium amounts, payment schedules, and duration, will be detailed in your individual policy agreement. It is your responsibility to thoroughly understand the terms of your policy.
Policyholders are required to pay premiums on time as outlined in their policy agreement. Failure to pay premiums as agreed may result in policy cancellation. Cash Value Solution may adjust premium rates with appropriate notice.
Any changes to your policy, including changes in beneficiaries or coverage amounts, must be made in accordance with Cash Value Solution’s procedures. Such changes may not be effective immediately and could be subject to additional underwriting and approval.
In the event of a claim, the policyholder or designated beneficiary must notify Cash Value Solution promptly. Claims will be processed in accordance with the terms of the policy and applicable laws. Fraudulent claims may lead to legal action and cancellation of the policy.
Policyholders may cancel their policy at any time. The terms of any potential premium refund will be governed by the conditions set forth in the policy agreement.
Cash Value Solution is committed to protecting your privacy. Our Privacy Policy, which outlines our practices for collecting, using, and safeguarding your personal information, is available upon request.
Cash Value Solution will not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits.
These Terms and Conditions and any policy issued by Cash Value Solution are governed by the laws of the jurisdiction in which Cash Value Solution operates. Disputes will be resolved under these laws.
Cash Value Solution reserves the right to amend these Terms and Conditions at any time. All amendments will be effective immediately upon their posting on our website or notification to policyholders.
For inquiries or concerns regarding your policy or these Terms and Conditions, please contact Cash Value Solution at:
Email: dede.shep@life180.com
Phone: 301-450-7858
By purchasing and maintaining a life insurance policy with Cash Value Solution, you acknowledge that you have read, understood, and agreed to these Terms and Conditions.