Frequently Asked Questions
Find the most frequently asked questions below:
01What is a short term life insurance policy?
Short term life insurance is usually issued at the same time as short term health insurance, often a the time of a change in employment. In other words, the less expensive accidental death is more appropriate when used for short term coverage than it would be as a substitute for a long term life insurance policy.
02What kind of life insurance builds cash value?
The rest of the premium payment will go toward your policy's cash value. The life insurance company generally invests this money in a conservative-yield investment. As you continue to pay premiums on the policy and earn more interest, the cash value grows over the years.