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.
Permanent life insurance has an attractive feature: it has a âcash value.â. The cash value is the amount the policy is worth if it is cancelled or âsurrenderedâ while you're still alive. The cash value won't be as much as benefit value â the amount the policy would payout when you pass on. But the cash value can grow large enough to make life insurance a useful tool for investing.