Unlock the potential of your whole life insurance policy by understanding the diverse ways to access its cash value. Our blog post delves into the most common methods including policy loans, life insurance lines of credit (LILOC), withdrawals, dividend options, and policy surrender. Learn the nuances of each approach, from the flexibility of policy loans and LILOCs to the implications of withdrawals and surrendering your policy. We specifically focus on the Infinite Banking strategy, highlighting how policy loans and LILOCs are optimally utilized to align with your financial needs and goals. Whether you’re seeking tax-efficient ways to borrow against your policy or considering a withdrawal, this guide provides the essential information you need to make informed decisions about leveraging your policy’s cash value.