Can paid for life insurance be canceled? 
Traditioanlly , If you canceled a permanent life insurance policy , the carrier would need you to either sign paperwork acknowledging you want to terminate the coverage or they record the phone call -LRB- think of the latter as like a voice signature -RRB- . If there is cash value inside a permanent life policy and the policy is canceled , you are cashing it out -LRB- less any surrender charges or outstanding loans against the policy , if applicable -RRB- . Did he receive a check for any cash value or did the carrier indicate they were sending monies ? How old was the policy and what age was he when he took it out ? If all routes to put the old policy back in force are exhausted , then you may want to look at an alternative course of action . An option to consider to secure new coverage is to use the monies received from the cashed out whole life policy to put towards the premiums for a new policy to substantially reduce the premiums that would be needed for the coverage . If he is much older , then you may want to consider a Guaranteed Universal Life policy instead of a whole life policy . Guaranteed universal life minimizes the cash value buildup to minimize the dollar spent per $ 1,000 of coverage . I hope the information is helpful - please feel free to contact me for help with your coverage and if you have any other questions . Thanks very much . 