inside buildup

inside buildup definition - business

inside buildup

The cash value increases in a life insurance policy. Inside buildup is free of income taxation during the period of buildup, thus making cash-value insurance a more desirable investment vehicle for people in high income-tax brackets.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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