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	<title>New answer on: Can You Withdraw Money From A Whole Life Insurance Policy?</title>

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		<title>By: David Racich</title>

		<link>https://www.insurancelibrary.com/life-insurance/can-you-withdraw-money-from-a-whole-life-insurance-policy</link>

		<dc:creator>David Racich</dc:creator>

		<pubDate>Sun, 12 May 2013 21:37:23 +0000</pubDate>

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		<description><![CDATA[Participating whole life accumulates cash values. The question has an inherent policy provision that may have tax ramifications, the word &quot;withdrawal.&quot; Withdrawal generally refers to accessing basis. Participating whole life distributes dividends. Dividends are a return of unused premium. Withdrawing your dividends up to basis should be tax free and with no policy charges. If you need to access cash values beyond basis, you need to take interest charging policy loans, which are tax free, as long as the policy is kept in force for the life of the insured, The policy loans on participating whole life insurance are spread loans or direct recognition loans. Consult your tax adviser and insurance professional before moving forward with withdrawals.]]></description>

		

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		<title>By: Katherine McDaniels</title>

		<link>https://www.insurancelibrary.com/life-insurance/can-you-withdraw-money-from-a-whole-life-insurance-policy</link>

		<dc:creator>Katherine McDaniels</dc:creator>

		<pubDate>Sun, 12 May 2013 21:33:25 +0000</pubDate>

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		<description><![CDATA[This is  a great question.  With most Whole life policies, they do build cash value over time.  If you have built cash value, normally you can borrow against that it , although typically you will have to pay interest like a regular loan and it will decrease the face amount of the life insurance policy.]]></description>

		

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