Please note that if you have an unpaid cash value balance upon death, the amount will be deducted from the death benefit paid out to your beneficiaries. (mylifeinsurancequotes123.com)
That means your entire cash value balance continues to earn interest. (investopedia.com)
Cash value balances still grow tax - deferred and are available as a policy loan while the insured is still living. (investopedia.com)