Upon the policyholder's death, usually the insurer pays the face value of the death benefits for whole life insurance policies. (investopedia.com)
When I calculate the expected net present value of death benefits minus premiums for new cash value policies using an after - tax discount rate, the result is usually positive. (glenndaily.com)
Upon the policyholder's death, usually the insurer pays the face value of the death benefits for whole life insurance policies. (investopedia.com)