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	<title>New answer on: What Life Insurance Plan Has A Savings Element?</title>

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		<title>By: Jerry Vanderzanden, CLU, ChFC</title>

		<link>https://insurancelibrary.com/life-insurance/what-life-insurance-plan-has-a-savings-element</link>

		<dc:creator>Jerry Vanderzanden, CLU, ChFC</dc:creator>

		<pubDate>Mon, 06 May 2013 11:27:40 +0000</pubDate>

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		<description><![CDATA[Permanent life insurance such as whole life and universal life has a cash value which represents a savings element. As basic savings vehicle, life insurance cash value is important. 

20% of long term savings in this country are in life insurance and annuities which form the foundation of savings for millions of families. 75 million US families rely on life insurance to provide a tax-free death benefit to protect people and businesses using discounted dollars.
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