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.
Switch it to an extended term policy - The insurance company uses any cash value that has built up in the policy to convert it to a term life insurance policy for the same death benefit. The policy term continues for as long as the cash value can cover premiums.