How To Use Life Insurance Cash Value

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How To Use Life Insurance Cash Value

When most people think of life insurance, the first thing that comes to mind is the death benefit. While this is an important feature, there are other benefits that life insurance offers—many of which you can use while you’re still alive.

In today’s episode, Tom and John McFie discuss the lesser-known benefits of life insurance, including how you can leverage the cash value of your policy as collateral for loans, and how business owners can use life insurance to protect their companies and employees.

Key Takeaways:

  • How you can use the cash value of your life insurance while you’re still alive.
  • The power of life insurance as collateral for loans.
  • How business owners can use life insurance to build a benefits program and retain critical employees.
  • Why life insurance is more than just a death benefit, offering financial flexibility during your lifetime.

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Resources:
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