• Cash value policies differ from term insurance in three important ways.
  • First, the premiums for a cash value policy are initially much higher than for term insurance for the same amount of insurance protection.
  • Second, unlike the premiums for term insurance, cash value premiums do not go up with age, but remain the same throughout the payment period.
  • Third, these insurance policies develop cash values which increase each year.  (p3)

--  David Fix, Lead Attorney, Insurance Matters, Bureau of Consumer Protection, FTC

1979 1011/1022 - GOV (House) - Small Business Problems with Insurance - Part 1 - 1979 1011/22  - [PDF-337-GooglePlay]