This value builds up over the life of the policy, similar to an investment, and is paid out as part of the death benefit when you die. (policygenius.com)
You may have access to part of the death benefit of the policy when diagnosed with any of a list of 16 critical illnesses. (truebluelifeinsurance.com)
This cash value can be borrowed against for emergency expenses or to cover premiums, but is not part of the death benefit. (valuepenguin.com)