Going through life, you may come across some added expenses like paying for your kids' college, buying a home, or even needing more money in retirement than you expected.
*You can access your cash value through loans and withdrawals. In general, loans are charged interest; they are usually not taxable. Withdrawals are taxable only when you take more money out of the policy than you’ve paid in premiums. Loans and withdrawals may reduce or eliminate the death benefit payable to your beneficiaries.