Cash Value Definition
Many life insurance policies have what is known as a cash value. The cash value is different from the death benefit in that it can be accessed while the policyholder is still alive. The life insurance policy can be cashed in to provide cash when it is needed.
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- Whole Life Insurance
- What is a Universal Life Insurance?
- Waiver of Premium
- Viator
- Viatical Settlement Provider
- Variable Universal Life Insurance
- Acceptance
- Variable Annuitization
- Accumulated Amount
- Accidental Means