What is Cash Value? | LIFE-HEALTH, SERIES6 Exam Prep

Cash value is the savings component of a permanent life insurance policy that grows tax-deferred and can be accessed through loans or withdrawals during the policyholder's lifetime. 📚 Learn more about Cash Value and other key terms for your LIFE-HEALTH, SERIES6 exam at Open Exam Prep. 🎯 This term appears on: LIFE-HEALTH, SERIES6 🔗 Full glossary: https://www.open-exam-prep.com/glossary 🔗 Cash Value definition: https://www.open-exam-prep.com/glossary/cash-value 💡 Exam Tip: Cash value = permanent life only (not term). Tax-deferred growth. Loans reduce death benefit. --- #insurance #examprep #financeexam #life-health #series6