Not exact matches
Based on the investment performance of the insurance company, the
cash value equivalency
worth of your policy and the length of time that your policy
accrues value you can adapt the policy to become supplementary payments for yourself, pay bills and so much more.
If you are concerned with
accruing cash equivalency
value or having more policy control with coverage flexibility, then it may be
worth your time to invest in a more permanent form of life insurance.
The
cash value worth that your indexed universal life insurance policy
accrues is all taxation deferred.
$ 50 per month for $ 50,000
worth of life insurance stays the same at the age it is purchased until the insured dies or until they outlive the policy; usually 99, 100, or 101... Whole LI also
accrues cash value that can be borrowed against.