How to Determine the Worth of Your Life Insurance Policy: Cash Value & Face Value

How to Determine the Worth of Your Life Insurance Policy

Reading Time: 5 minutesKey Takeaways: Life Insurance Policy Value Cash value vs death benefit: Term life has no cash value — its worth is entirely the death benefit your beneficiaries receive. Permanent life (whole, universal) accumulates cash value you can access while alive Three ways to value a permanent policy: Cash surrender value (what you get if you […]