Can you get money in universal life policy?

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1073116

2026-07-20 12:26

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Yes, you can access cash value in a universal life insurance policy. As you pay premiums, a portion goes into a cash value account that can grow over time, often based on interest rates. You can withdraw funds or take out loans against this cash value, though doing so may reduce the death benefit and could have tax implications. Always consult with a financial advisor for personalized advice.

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