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...
For example, on death, if the cash value accrued within a policy is $100,000. Under the add to cash value option, the beneficiaries would receive the face value of the life insurance policy plus the $100,000 cash value. However, the increased benefit option indicates higher premiums for the policy owners.
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.