Hello how may I help you? I want to know if you can check on my insurance policy for me? I can help you with that. Can I have your name and date of birth please? Yes. John Mix, May 1 1901 Ok John, I have your information. What questions can I answer for you? I want to know how much my life insurance payout will be upon death. I see that you have two policies, one which you purchased yourself and one purchased by your wife. Which would you like the payout for? The one for me, please. Your policy will payout $50,000 upon death Okay. Does this also have a cash value that can be borrowed against? You may borrow up to 40% of the payout, but the balance will not be payed out unless the loan is repaid