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

Copyright © 2004 - 2019 LifeInsuranceHub.Net. All Rights Reserved.

Tools And Resources

Life Insurance Need Calculator

Recent Articles

  1. Retirement Planning - Plan For Retirement

    Retirement planning is one of those things that we must do long before we get to retirement time.

    Read More

  2. Life Insurance Income - Income May Be Better Than Lump A Sum

    Life insurance should be seen as an instrument to provide an income for your family.

    Read More

  3. Affordable Term Insurance Quote - Affordable Term Insurance

    You are in search of an affordable term insurance quote. We will give you not one quote but several and they are the least costly on the Internet.

    Read More

  4. No Medical Exam Life Insurance For Older People - Is It Dead?

    Want no medical exam life insurance? Up until very recently it was probable to get some life coverage up until age 65 without having to do a full blown medical examination.

    Read More

  5. Life Insurance No Medical

    Get up to $1,000,000 term life insurance no medical required.

    Read More