How does the cash value of life insurance work 2024?
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When you make premium payments on a cash-value life insurance policy, one portion of the payment is allotted to the policy's death benefit (based on your age, your health, and other underwriting factors). ... As you continue to pay premiums on the policy and earn more interest, the cash value grows over the years.
2023-05-11 11:59:21
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Ethan Davis
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When you make premium payments on a cash-value life insurance policy, one portion of the payment is allotted to the policy's death benefit (based on your age, your health, and other underwriting factors). ... As you continue to pay premiums on the policy and earn more interest, the cash value grows over the years.