The AccountingWeb.com Is Your Cash-Value Insurance Policy in Danger? recently reported that the cash values of many insurance policies are decreasing. Many people don't realize this because they don't check their policies.

Most owners of cash value life insurance polices don't really understand what effect low interest rates have had on their policies, according to the top insurance consultants at Herz Financial.

"Customers may be losing money with a policy that was once valuable, but now with the extended drop in interest rates, it may be on a collision course to self-destruct and become worthless," said Matthew Herz, one of the country's most successful financial advisors. "Many policies were purchased based on interest rate assumptions of 8-12%, and that is just not the case anymore with rates as low as 3% at some companies."