Life insurance policies can be split into two types of plans.
Term Life Insurance has lower initial rates, but the premiums increase over time (see the pic below). These plans generally do not build a cash value
Permanent life insurance, has higher initial premiums but the cost is generally level (see the pic below) and offers a variety of cash accumulation options.
We have collected the most frequent questions related to cash accumulation by life insurance policies. Please enjoy the information below and let us know if you have additional questions.