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Glossary   >   C   >   "Cash value life insurance" Definition            Cash value life insurance A life insurance policy which pays a benefit on the death of the insured but which also provides a savings element where benefits are payable before death. Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Cash value life insurance - A life insurance policy which pays a benefit on the death of the insured but which also provides a savings element where benefits are payable before death.