MMC Benefits Handbook
Cash Values and Dividends
What is the benefit of the cash value?
There are several benefits:
  • whole life insurance provides a guaranteed cash value that grows on a tax-deferred basis.
  • the policy's cash value may be used to purchase a reduced amount of paid-up life insurance coverage with no further premium payments.
  • the cash value can be borrowed against to help with financial emergencies or used to supplement retirement income