What Is Cash Value Of Life Insurance?

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   Steve Savant

   Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona

   Cash value life insurance is a permanent life insurance contract that accumulates cash values based on the crediting method of the policy: participating dividends, interest rate crediting, index crediting, separate sub account crediting using equity and bond instruments (debiting for losses as well.) In general terms, once the policy expenses are paid, the earnings, if any, are applied to the remaining cash values.

   Answered on August 15, 2013

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