Which Life Insurance Has Cash Value? 
Which life insurance has cash value ? Typically whole life and universal life polices have cash value , although some term policies also have a guaranteed cash value . The cash value is essentially a byproduct of keeping the premium level . You pay more up front , so the build up of cash and its growth reduces the company 's amount at risk . How the cash value is calculated , how much is guaranteed and how much -LRB- if any -RRB- is variable , depends on the design of the policy . This is spelled out in the policy wording . If you have further questions , or feel that I could be of assistance , please do not hesitate to contact me . If you would like to work with a local life insurance broker , you could start with a Google search . For example , if you search for : life insurance broker Halifax or life insurance agent Halifax , my name , along with several others , will come up . You can use the same method to find a life insurance broker in your community . 