Sentences with phrase «borrow against the cash value during»

You might be able to borrow against the cash value during your lifetime to help pay for retirement, education, emergencies, or other needs.

Not exact matches

These policies are also unique in that they allow you to borrow, tax - free, against the policy's cash value during your lifetime.

The flexibility inherent in the policy of this type also manifests itself in the provision according to which you can withdraw your cash value or borrow money against the policy's cash value during your lifetime.

It allows you to borrow against that cash value at any time during your life, tax - free.

In general, life insurance policies are purchased by you and maintained by you, and they usually build cash value that you can even borrow against at some point during your life.

A portion of your payments gets accumulated as cash value which can be used for retirement or can be borrowed against as a loan during the life of the policy.

These policies are also unique in that they allow you to borrow, tax - free, against the policy's cash value during your lifetime.

Furthermore, most whole life policies have financial tools built into them, providing the policy owner with tools that can be made use of during their lifetime, such as borrowing against the cash value of the policy.

Also, the cash value can be borrowed against during the life of the policy to buy things, invest, etc..

Whole life builds equity (cash value) that can be used and borrowed against during the course of your life.