Definition · Insurance
Cash Value Life Insurance
Permanent life insurance, such as whole life or universal life, that builds a cash value the owner can borrow against or withdraw, alongside a death benefit.
Nashional Investments · Updated October 2026
Educational definition only, not investment, tax or legal advice.
In practice
Insurance can protect a plan or fund part of it, but permanent policies are complex and carry ongoing costs. The term Cash Value Life Insurance is one we explain when reviewing an existing or proposed policy. Insurance products are offered through our affiliate, Nashional Insurance, and you are never required to buy through it.
Questions
Common questions.
What does the term Cash Value Life Insurance mean?
Permanent life insurance, such as whole life or universal life, that builds a cash value the owner can borrow against or withdraw, alongside a death benefit.
Why does Cash Value Life Insurance matter for investors?
Insurance can protect a plan or fund part of it, but permanent policies are complex and carry ongoing costs. The term Cash Value Life Insurance is one we explain when reviewing an existing or proposed policy.
Where it applies
See how this fits into a real plan on our Insurance planning page.
Have a question about this?
Ask us how it applies to your situation. Your first conversation is complimentary.