Premium is increased at times specified in the policy, based on a predetermined attained age, or number of policy years in force.
Premium is increased at times specified in the policy, based on a predetermined attained age, or number of policy years in force.
A Cash Value Life Insurance policy having a first-year loan value that is available to borrow against immediately upon payment of the first-year premium. This is not the case with most Life Insurance policies, the main reason being high first-year expenses.


