Sentences with phrase «always borrow against the cash value»

You can always borrow against the cash value of the policy, and you won't have to pay any taxes on that accumulation unless you choose to redeem it.

Not exact matches

And, the policyholder always has access to their cash value account, which can be withdrawn or borrowed against for any reason.

In the unlikely event that a child passes away, the death benefit can be used for final expenses, or if the child requires some costly medical treatment, the cash value can always be withdrawn or borrowed against tax - free to help pay for the medical expenses.

Unlike term policies, the death benefit doesn't expire at a certain age and whole policies build cash value that can be borrowed against or passed on to your heirs tax - free — but only if you always pay your premium.