Can I Withdraw Money From My Life Insurance?
One of the most important advantages of permanent insurance is that it accumulates cash value that can be utilized as a down payment on a home, a college education, a retirement income supplement, or for other major expenditures.
However, how can you access the money from your life insurance plan? Three important questions will be addressed in this article:
Which life insurance products accrue cash value?
How can I get the money from my life insurance policy?
Why not just use the cash value instead?