If i payed 50000 for a veriable life insurence policy 15 years ago and it has a value of 80000 now...?

Question

whats the cash valkue if i surrender it, if i took a lone out i would only be able to take 8000. its through prudential

Answer 1

You can only take a loan for $8000?  That seems a little low, I would be sure to call your agent.  It should be close to 90% of at least the money you put in.. $50,000 x .90 = $45,000... but you should really call your agent to be sure before you make any rash decisions.

Answer 2

You have to call Pru to find out what the cash surrender value is.