Far beyond the
pure social inequity —
and that would be bad enough, we admit — is a very real
dollar -
and -
cents cost, a doozy of a recurring charge that ripples through the financial markets.
The difference between that cash value savings
and the total death benefit amount is the
pure insurance amount, which is also called the «net amount at risk» or «at - risk amount»
and refers to the amount of risk, quantified in
dollars and cents, that the insurer is taking for insuring (underwriting) your life.