Category: Life Insurance

Cash value life insurance is a type of permanent life insurance that provides both a death benefit and a savings or investment component. Unlike term life insurance, which only provides a death benefit for a specified period, cash value life insurance covers the policyholder for their entire life and offers a savings element that grows over time on a tax-deferred basis.

Life insurance is a vital tool in financial planning, providing peace of mind and financial security for you and your loved ones. This comprehensive guide will take you through the essentials of life insurance, from understanding its types to its benefits, and help you determine how to select the best policy for your needs.