Sentences with «cash value accumulation component»
Universal Life insurance is similar to whole life as it has both death benefits and a tax sheltered cash value accumulation component. (termlifeinsurancemales.com)
This is because there is a guaranteed cash value accumulation component to the whole life policy, on top of the regular insurance portion. (insuranceopedia.com)
Whole Life insurance combines permanent protection with a cash value accumulation component. (us.axa.com)