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.
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.