What Is Vesting Age In Life Insurance? 
Vesting does not relate to life insurance , at least , not in the common uses of the term with respect to pension plans . A policy owner owns any cash values and all policy rights . You might be referring to a surrender charge schedule which exists in many permanent policies , especially Universal Life and related types and is subtracted from the cash accumulation value in the event the policy is canceled early . A surrender charge usually applies in the first several years of the policy e.g. 3-20 years , depending on the policy . Most schedules grade down during this time . 