Does term Life insurance accumulate a cash value?
• Term life insurance does not accumulate a cash value. Term Life insurance is the most affordable life insurance available and gives you the ability to purchase the most amounts you need at a young age. Whole and Universal Life are policies that you can purchase that will accumulate a cash value. Back to top • What is Cancer Insurance? • Cancer insurance will protect your family from a financial hardship, which will help you focus on getting better rather than how you will pay for the medical bills for your cancer treatment. Benefits are paid to you to be used for cancer related expenses that health insurance might not cover. Back to top • Will the money I receive go to the doctor and hospital? • The benefits received from your cancer policy will be paid directly to you unless you specify differently. Benefits are paid in addition to health coverage or any other cover age you may have. Back to top • Why would I need both Disability and Cancer Insurance? • Disability Insurance is desig
