Cash value grows tax - deferred, and can be used to pay premiums or to borrow against for other financial needs. (protective.com)
This will immediately lower monthly living expenses for your survivors, and ensure that your basic death benefit will go as far as possible in taking care of other financial needs. (mcmha.org)
Whatever option you choose, it may be wise to leverage any cash value in your unwanted life insurance policy to meet other financial needs. (cfs4me.com)