Cash value policies include a ________ clause that allows you to borrow against the cash value of the policy.

Question

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Cash value policies, such as whole life insurance, have a built-in savings component that accumulates over time. This cash value can be borrowed against through a loan clause within the policy. This provides a level of liquidity, allowing the policyholder to access cash without surrendering the policy or paying taxes on the withdrawal.

Cash Value Policies Include a ________ Clause That Allows You