Not exact matches
Particularly
when we are focused
on a death benefit, rather than
cash value accumulation, a relatively small sum of money can purchase a large death benefit.
A universal life contract provides access to
cash value accumulation like that of a whole life policy; however,
cash value within a universal life policy includes a guaranteed minimum interest rate plus an additional interest payment if and
when the life insurance carrier experiences higher returns
on its own investments.
Particularly
when we are focused
on a death benefit, rather than
cash value accumulation, a relatively small sum of money can purchase a large death benefit.