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account valueDefinition The total value of an account. In instances where there are multiple smaller accounts, the total value would be their collective sum; for example, the account value of an individual's [..]
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account valueThe account value of the Universal Life contract is the sum of net premiums and interest credited, less premium expense charges (if applicable), monthly deductions, and any partial withdrawals.
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account valueUnder some insurance plans, part of the premium is invested. The account value is the total amount in each investment account.
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account valueThe total amount of cash built up in an insurance policy (the investment portion of the policy) that is available to the policy owner before taking into account any surrender charge (also known as Acc [..]
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