New question in Life Insurance FAQ

Posted on December 5, 2011 and updated December 5, 2011 in Life Insurance Canada News, Life Insurance FAQ 1 min read

New question in Life Insurance FAQ:

what is account value on a universal life insurance policy

I think you are referring to the accumulation fund. The accumulation fund is the investment value of the policy. The accumulation fund and the cash value are not always equal the cash value is the amount the insured can actually redeem from his / her policy and is the accumulation fund minus any surrender charges and policy fees.

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