whole life insurance definition
Life insurance with a cash value (as opposed to term insurance, which does not have a cash value).
Life insurance with a cash value (as opposed to term insurance, which does not have a cash value).
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.