Data:2009-12-12 2:34
Category: Insurance tips Release Date: 2006-08-01
Insurance policy's cash value, including three sections: the insured has paid the net premiums; already paid net premiums accumulated interest, the insured person to abandon the death of the insurance period, the net premiums and interest thereon, should be the beneficiaries enjoy the benefits. Of the insured people, the cash value of insurance contracts are not due to changes in the effectiveness of the loss, it is called does not lose value. For insurers, has the right to insurance policy's cash value account for its own use, it is also known as non-forfeiture value.
Policyholders have the right to life of the contract of insurance, a choice for their own insurance policies on the disposal of the cash value.