Sentences with phrase «different than the death benefit»

All permanent life insurance policies provide a cash value feature that grows tax - deferred, but the cash value is different than the death benefit, or face value of the policy.

Not exact matches

There different kinds and life insurance serves more purpose than as a death benefit.

The Income Protection Option (IPO) allows a different death benefit payment other than a lump sum.

They are different than a key man life insurance policy because they provide income, not a death benefit, and the income stream can be somewhat defined.

Also, unless «current» cash value is different than the general definition of cash value, then I don't think your death benefit includes all your cash value, just the additional cash value due to «dividends».