article : 6 Things to Know About Cash Value
Cash Value Insurance, also known as Whole Life Insurance, is more than insurance with a death benefit – it's a wealth building strategy. With a Cash Value policy, you can borrow against yourself to fund large expenditures like home buying, college tuition, or even business start-ups.
The method of Cash Value utilization is called the Infinite Banking Concept (IBC). Infinite banking creates a strong financial foundation that helps you build true wealth. Also, the money inside your policy is sheltered from the government and market.