High Early Cash Value Whole Life Insurance
High Early Cash Value Life Insurance is designed specifically as a "balance sheet" product to provide asset protection for the business market.
It positions the cash value in the life insurance policy as an asset that can be carried on the business balance sheet. Generally a High Early Cash Value whole life insurance policy's cash value will be nearly equal to the base policy standard premiums paid at the end of the first policy year.
It is usually paid for by age 85. Like other types of whole life insurance a HECV life insurance policy may be increased (subject to underwriting) or decreased as your needs change.
High Early Cash Value life insurance is an excellent life insurance plan to have if you want to put a higher level of funds into a plan faster.
You may have good cash flow from your job or your business and can afford to fund your whole life insurance faster to attain more cash value sooner.