Cash value

In a life insuranceInsurance providing for payment of a specified amount on the Insured's death, either to his or her estate policyThe written contract of insurance., the amount of money, before adjustmentAn agreement to release a debtor from liability generally upon receipt of an initial lump sum representing for factors such as policy loans or late premiumsPeriodic payment to keep an insurance policy in force., that the policy ownerThe person who may exercise the rights and privileges in the insurance policy. This person may or may will receive if the policy ownerThe full name of the primary owner of the property parcel.(e.g. John P. Doe). allows the policy to lapseWhen an insurance company ends a policy because the insured person fails to pay the premium. or cancels the coverageThe scope of protection provided under a contract of insurance; any of several risks covered by a policy. and surrenders the policy to the insurance companyAn insurance company must be licensed by the Department of Insurance to sell health insurance. The insurer. CashMoney or its equivalent (checks, banknotes, etc.). values are a feature of most types of permanent life insuranceLife insurance that provides coverage throughout the insured's lifetime and also provides a savings element., such as whole lifeA policy remaining in full force and effect for the life of the insured with premium payments being and universal lifeAdjustable life insurance, under which premiums flex, protection adjusts, and the insurance company.

Cash Value

The actual money that an AssetThe entire property of a person, association, corporation, or estate applicable or subject to the payment of debts. will bring on the open market without any lengthy delay.

Cash Value

The amount available in cashMoney or its equivalent (checks, banknotes, etc.). upon surrenderTo terminate or cancel a life insurance policy before the maturity date. In the case of a cash value of a policyThe written contract of insurance. before it becomes payable upon death or maturityThe time when a note, bond or other investment option comes due for payment to investors..

Cash Value

The amount of money, which the policy ownerThe person who may exercise the rights and privileges in the insurance policy. This person may or may will receive as a refundAn amount paid back because of an overpayment or because of the return of an item previously sold. if the policyThe written contract of insurance. ownerThe full name of the primary owner of the property parcel.(e.g. John P. Doe). cancels the coverageThe scope of protection provided under a contract of insurance; any of several risks covered by a policy. and returns the policy to the company. Also known as cash surrender valueThe amount of cash due to the insured person who requests the insurance company cancel their life insurance policy..

Cash Value

The savingsMoney saved. element of a permanent life insuranceLife insurance that provides coverage throughout the insured's lifetime and also provides a savings element. policyThe written contract of insurance., which represents the policy ownerThe person who may exercise the rights and privileges in the insurance policy. This person may or may's interestThis is the amount that is imposed when payment is remitted after the due date. in the policy.