Not exact matches
Some
burial insurance plans even have a cash value component within the contract, which grows tax free and gives tax free access to the
policy owner.
Like other permanent
policies, a
burial insurance policy can accumulate tax - deferred cash value over time, which can be either withdrawn or borrowed against at the
policy owner's discretion.
Burial insurance can have high premiums and a time limitation on
policy implementing should the
owner die within the first year or two of the
policy.