If the policy loan plus interest equals or exceeds the cash value at any time, the policy will terminate and become void 31 days after Family Guardian mails a notice of lapse to the last known address of the owner or any assignee on record.
If the policy loan plus interest equals or exceeds the cash value at any time, the policy will terminate and become void 31 days after Family Guardian mails a notice of lapse to the last known address of the owner or any assignee on record.