How Can You Access the Cash Value in a Permanent Policy?
Permanent, or whole life, insurance builds cash value over the life of the policy that you can use for a variety of financial needs. Learn about key considerations you should evaluate when determining how to utilize your cash value.
Permanent, also known as whole life, insurance builds equity, or cash value, that you can utilize for a variety of financial needs. This video explains the difference between withdrawing (or surrendering) your cash value and taking a loan from the insurance company.
Want to learn more? Download our guide "Term or Permanent Life Insurance: Which Option Is Right for You?" to help you make a more informed decision regarding one of your most important purchases.