How Does Life Insurance Cash Value Work? 
Some life insurance policies have a value that can be taken if the policy is surrendered or that can be taken as a loan . The cash value of the policy typicaly accumulates over the lifetime of the policy . If money is taken out of the policy as a loan it typically will lessen the death benefit of the policy and normally requires you to repay the loan within a set period of time or other consequenses can arise by not repaying the loan . There can be fees involved in this process . Be aware there are many different policies out there . To find out more about the cash value availablity within your policy , read your policy completely or contact your local agent to have them explain the details of your policy . 