Savings element

The accumulated Cash value of a life Insurance policy.

Related Terms: 6 Cash, Cash value, Insurance, Insurance policy, Life insurance, Policy

Other Related Pages: Category: Insurance Starting With: S

Additional Related Terms: Accumulated depreciation, Accreted value, Accrual of discount, Amortization of premium, Amortized value, At par, At best, At call, Accumulated dividend, Accumulated earnings tax