Sentences with phrase «drawing against the cash value»

Not exact matches

You can cash it out at any time or even draw loans against the value of the policy.

Loans can be drawn against the accumulated cash value to make premium payments in the short term or supplement retirement income later on.

A permanent life insurance policy will build cash value that you can draw from or borrow against if you ever need to.

Whole insurance is often sold as an investment because it has a cash value and you can draw out of it or borrow against the amount when you are still alive.

The cash value that accumulates in a life insurance policy is like a personal bank account, in that the assets can only be drawn against by you and you are the loan officer.