With a cash-value life insurance policy,the value of the actual insurance ____ over time,and the value of the savings element ____ over time.

Question

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In a cash-value life insurance policy, the value of the actual insurance decreases over time as the value of the savings element increases. This is because a portion of the premiums paid goes into a savings or investment account, which grows over time, reducing the amount of insurance needed to cover the death benefit.

With a Cash-Value Life Insurance Policy,the Value of the Actual