If you ever want to use your cash build up you have to borrow your own money! If you do take a loan against the policy and do not pay it back, the loan and the interest due will be subtracted from the face amount of the policy. This is a big surprise to many people !

The main role of insurance in proper planning is protection. The purpose of life insurance is to replace part or all of the income of a person who dies.

If your goal is maximum protection at minimum cost, the answer is: Buy Term Insurance. With that said, let me also say that not all term insurance is created equal. Concepts like guaranteed renewability, conversion and term periods all come into play. We are Insurance Licensed (Health, Life and Long Term Care) and would be happy to discuss this further with you so that you act in the best interest for you and your family.