shopify analytics ecommerce
tracking

Life Insurance Cash Values

Applied To Permanent Policies

Cash values are one of the attractive incentives to buying permanent life insurance. Although the main reason you buy life insurance is to provide a death benefit for loved ones there are policies that provide cash that is available to you as long as you maintain them in force.

Term life insurance is the least expensive type of life insurance available. You put out more money in premiums for whole life, universal life, variable universal life and variable life insurance than you would for term insurance. These policies accumulate cash that you can put your hands on while you are still living. Term life insurance only pays when you die.


Shop and compare Insurance Rates from 100's of the Top Level Carriers. Get the Best Quotes possible. Save as much as 70% in premium costs. Compare Quotes Here.


Life Insurance Cash Values

Advantages Of Cash Value Life Insurance

  • They accumulate free of Federal Income Taxes while they accumulate.
  • They are guaranteed and they are increased by paid up additions and dividends if there is a dividend earned. Dividends are not guaranteed.
  • Even though you pay more for this type of life insurance you may consider the cash available after a few years sufficient to offset the additional cost of permanent policies.
  • If you should need cash in the future you can obtain it in the form of a loan or you may surrender your policy. Loans are easier to obtain than commercial loans...and you repay at your convenience but with a nominal interest rate.
  • You can use your available cash to pay off your mortgage. If your policy is large enough at some point the cash accumulated becomes sufficient to pay off an outstanding mortgage you may surrender your policy and pay off the balance owed.
  • You may accumulate funds in these policies to add to your retirement fund.

Disadvantages Of Cash Value Insurance

  • Premiums are much higher than term insurance. Because of this if you choose permanent insurance you may be unable to afford the amount of insurance you need to protect your family.
  • If a loan is taken from your cash values the death benefit is reduced by the amount owed.
  • An outstanding loan reduces available cash at surrender of the policy.

    The best available permanent life insurance policies that I know of are issued by Northwestern Mutual Life Insurance Company.

Want to protect your family with life insurance? Take a Free look at Top Quality Life Insurance Quotes from Highly Rated Carriers and Save. Compare Quotes Here.


Home Whole Life Insurance Universal Life Insurance Variable Universal Life Insurance Variable Life Insurance Permanent Life Insurance Advantages Of Whole Life Insurance Business Life Insurance Graded Premium Life Insurance Key Employee Life Insurance Limited Payment Life Insurance Life Insurance Online Life Insurance Policy Low Cost Life Insurance Mortgage Life Insurance Permanent Life Insurance Vs Term Retirement Planning Single Premium Life Insurance Waiver Of Premium Accidental Death Benefit Term Life Insurance Mutual Funds Financial Planning Life Insurance Quote Affordable Life Insurance Policy Retirement Planning Estate Planning Mortgage Insurance

Tools And Resources

Life Insurance Need Calculator

Recent Articles

  1. Term Life Insurance Conversion - Term To Permanent Insurance

    A few years ago you purchased your term life insurance policy. You pay a very inexpensive premium. You have recently discovered that a hereditary disease will likely rear its ugly head.

    Read More

  2. Term Insurance Policies Explained - How Term Life Policies Work

    Interested in term insurance policies? Want to know how they work? Take a quick look and see which one best fits your needs. Term insurance is temporary insurance. Term policies, in other words, offer…

    Read More

  3. Term Insurance Details - Term Life Insurance Policies Explained

    Want to know how term insurance works? Want to find out which policy, term or permanent, is best for you? What I want to do here is give you a basic and general outline of term life insurance policies…

    Read More

  4. Term Insurance Quotes - Best Term Life Insurance Quotes

    Term insurance quotes from high level life insurance companies should be the order of the day for anyone seeking life insurance. There are about 2000 life insurance companies willing to sell you a pol…

    Read More

  5. Life Insurance No Exam - Life Insurance Without Physical Exam

    Want to buy some life insurance no exam required? It is much easier to get than most people think. Yes, the life insurance company protects itself but if you give them the facts you will get a good po…

    Read More