Cash value life insurance policy

A life Insurance policy which in addition to providing a Benefit upon the death of the Policy holder, also accumulates Cash value over time enabling benefits to be Paid out before death.

Related Terms: 9 Benefit, Cash, Cash value, Insurance, Insurance policy, ITS, Life insurance, Policy, Paid

Other Related Pages: Category: Insurance Starting With: C

Additional Related Terms: Allowance for depreciation, Accreted value, Accrual of discount, Amortization of premium, Amortized value, At par, All or any part, At best, At call, Accommodative monetary policy