For some, predictability and certainty are most important when purchasing life insurance — having fixed premiums that will never increase and guaranteed minimum cash value accumulation. (us.axa.com)
Whole life insurance guarantees a minimum cash value throughout the life of the policy if all premium payments are made in a timely manner. (lifeant.com)
In other words, if the company's experience is favorable, cash values grow larger and more quickly than shown on the schedule of guaranteed minimum cash values. (thinkadvisor.com)