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.
Texas requires that any life insurance policy can't have a face value of more than $1500. before a person is eligible for Medicaid. Had my FIL lived longer and needed to apply for Medicaid we would have had to cash in his whole life policy for its cash-in value and apply that money towards his care.