The accumulated cash value of a life insurance policy.
Related information about savings element:
- Savings Element - Financial Dictionary - The Free Dictionary
Used in the context of life insurance, the cash value built up in a policy, which equals the amount of premium paid minus the cost of protection. This excess is ...
- savings element Definition | Business Dictionaries from AllBusiness ...
Acash value policy has two components: a death benefit paid to beneficiaries if the insured dies, and a savings element, which is the amount of premium paid in ...
- What is savings element? definition and meaning
Definition of savings element: The accumulated cash value of a life insurance policy.
- Savings Element, Life Insurance: Definition from Answers.com
Savings Element, Life Insurance Buildup of policy cash value, as distinguished from the death benefit.
- The Rate of Return on the Savings Element in Cash-Value Life - JStor
COMMUNICATIONS. Co-edited by JOSEPH M. BELTH and GEORGE REJDA. Professor of Insurance. Professor of Economics. Indiana University. University of ...
- The Rate of Return on the Savings Element in Cash-Value Life - JStor
THE RATE OF RETURN ON THE SAVINGS ELEMENT. IN CASH-VALUE LIFE INSURANCE. JOSEPH M. BELTH. ABSTRACT. This paper explains in detail the ...
- Universal Life Insurance Definition | Investopedia
A type of flexible permanent life insurance offering the low-cost protection of term life insurance as well as a savings element (like whole life insurance) which is ...
- Types of life insurance policies
In addition, permanent life insurance provides a savings element that accumulates a cash value over a long period of time. Learn more about the different types ...