What Is CASH VALUE Life Insurance?



In this episode, Erik Heidebrecht, a licensed life insurance advisor at PolicyMe, explains what cash value life insurance is.

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TIMESTAMPS

00:00 – 00:30 What is cash value life insurance?
00:31 – 01:06 What is the point of cash value in life insurance?
01:07 – 01:40 Is life insurance with a cash value worth it?

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USEFUL LINKS

More about cash value and borrowing against life insurance:

Learn about permanent life insurance:
Is whole life insurance worth it?:
Universal life insurance as an investment strategy:

Learn how term and whole life insurance stack up:

Use our free online calculator (and see how much life insurance you REALLY need):

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ABOUT POLICYME

PolicyMe makes it easy to get a quote, apply, and find out if you’ve been approved for life insurance in minutes, not weeks. Our fully-underwritten term life policies are stripped of unnecessary bells and whistles, resulting in the most competitive pricing in Canada.

For helpful tips about life insurance and personal finance, follow us on:
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Watch more new videos about Insurance | Synthesized by Mindovermetal English

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Marc Wilson

Great breakdown!

Christine Do-re-mi

Quick and informative. This was well put together! Bravo!

Bronwyn Kienapple

Great simple breakdown on this complex topic.