Define sepsis. sepsis synonyms, sepsis pronunciation, sepsis translation, English dictionary definition of sepsis. n. Systemic infection by pathogenic microorganisms, especially bacteria, that have invaded the bloodstream, usually from a local source. Sepsis is...
BREAKING DOWN 'Add To Cash Value Option'. In universal life insurance, policy owners can opt to participate in the surplus of the insurance company and receive the dividends annually. Here, they have the option to add the accumulated cash value to the face amount when the death benefit is paid.
With increasing, you are purchasing a fixed amount of life insurance (death benefit) along with the increasing cash value. For instance, with a $500k increasing death benefit, any cash value will increase the overall death benefit if the insured dies. If the cash value is $25K, the death benefit would be $525K.