|Accumulation Slows Over Time When you have cash-value life insurance, you generally pay a||Over time, the amount allotted to cash value decreases|
|As you are 65 years old now, the cost of insuring your life is much higher||Variable life policies, on the other hand, can correspond more closely to the level of risk you might assume when investing in the stock market|
Generally, this cash value can grow quickly in the early years of the policy.14
|Then in later years, the cash value accumulation slows as you grow older and more of the premium is applied to the cost of insurance||It's important to understand how cash value accumulation and risk correlate so you can choose a policy that fits your|
|The cash value grows or falls based on how well these subaccounts perform||Each type of policy carries a different level of risk|
In the early years of your policy, a larger portion of your premium is invested and allocated to the cash value account.