A life insurance policy that provides coverage for the policyholder’s entire life. The policy also provides an investment component, called the cash value, that accrues value over time. The policyholder can then borrow against the cash value.
A life insurance policy that provides coverage for the policyholder’s entire life. The policy also provides an investment component, called the cash value, that accrues value over time. The policyholder can then borrow against the cash value.