Life insurance usually pays out after someone has died, but cash value policies offer benefits while they’re still alive.

Some life insurance policies accumulate cash you can use while you're alive. Here are ways your families can use this benefit plus a few things to watch out for.

If you’re reading this, you’re probably asking yourself, “Can I sell my life insurance policy for cash?” Let’s dive into why you might want to do this, along with the pros and cons.

Is cash value life insurance taxable? Cash value is often tax-advantaged, but you might pay tax on withdrawals. Click here to ...