AN INVESTMENT FOR MORE THAN JUST DEATH

Cash value life insurance provides much more than just financial security in the event of one's death. The money you build in a cash value policy can be used for almost any financial need you can think of. In this tutorial, we discussed the definition of cash value life insurance, how you can use the cash value of your policy for loans or other investments, and how you can gain cash value on your policy through dividends.

See the tutorial Variable and Universal Life Insurance to learn about other types of cash value policies.

Previous PageBack to Beginning



Educational materials provided by the editors of The Encyclopedia of Personal FinanceTM. Click here to learn even more!

Copyright © 2000 - 2003, Precision Information, LLC. All Rights Reserved

Powered by
   
 
 
 

© 2005 Precision Information, All Rights Reserved. The Educated Investor is powered by Precision Information