The final portion of the premium goes towards the savings or cash value accumulation portion of your policy. (trustedchoice.com)
The final portion of the premium goes towards the savings or cash value accumulation portion of your policy. (trustedchoice.com)
With a universal life insurance policy on the other hand, the company will take the premium from the cash value accumulation portion and continue to pay the premium. (trustedchoice.com)