![Unraveling the Secrets of Cash Value Life Insurance](/images/6/9/c/c/4/69cc49108c534e6cbc788b76c8ce9f7bfc9f4a14-cash-value-life-insurance.jpg)
3 minutes read
Unraveling the Secrets of Cash Value Life Insurance
Cash Value Life Insurance, also known as permanent life insurance, combines a death benefit with an investment component called the cash value. In a cash value life insurance policy, part of each premium you pay is allocated towards insuring your life, while the remaining portion is dedicated to building up a cash value. The cash value portion of your policy grows tax-deferred, and if structured properly,…