Does Whole Life Insurance Have Cash Value? 
You betcha ! That is a major reason folks buy this product . It takes about 1 1/2 yrs before you see some growth , since the cost of establishing the program has to be made up by the carrier . But then you will see steady growth , in good times and in bad , with no exceptions . You can then borrow against it , and even never pay it back , keeping the money tax free -LRB- although it will affect the death benefit -RRB- . You can fund college education with it , or even your retirement . So over time , it actually is less expensive to buy whole life than term . Thank you . GARY LANE . 