Insurance

Cash value

Life insurance policies often include a savings component, known as the cash value. This is the amount of money that is accumulated over time through regular premium payments. The cash value can be accessed by the policyholder during their lifetime, and can be used for various purposes such as paying for future premiums or borrowing against it. Think of it as a valuable asset that grows with your policy.

Related terms

Authority

Understand the meaning and definition of Authority in the context of stock market, trading, and investments.

MORE
Spread of risk

Understand the meaning and definition of Spread of risk in the context of stock market, trading, and investments.

MORE
After Tax Rupees

Understand the meaning and definition of After Tax Rupees in the context of stock market, trading, and investments.

MORE
Endowment Plan

Understand the meaning and definition of Endowment Plan in the context of stock market, trading, and investments.

MORE
Equal shares

Understand the meaning and definition of Equal shares in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers