Most whole life insurance permits the insured to borrow against the policy's cash value.

Name: Most whole life insurance permits the insured to borrow against the policy's cash value.
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Most whole life insurance policies have a cash value that accumulates over time, and the insured may borrow against this cash value as a loan. However, it is important to note that borrowing against the policy will reduce the death benefit and may also incur interest charges.

Most Whole Life Insurance Permits the Insured to Borrow Against