What Can I Do With Cash Value Of Life Insurance Policy?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    You can borrow from the cash value of life insurance to pay for your child's college education, pay for their wedding, apply toward buying a business or other large purchase, etc. Why pay a lender interest when you can borrow the money from yourself? Or you can allow it to keep growing.
    Answered on October 7, 2013
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