Handling financial challenges can be difficult for anyone, and one of the most common concerns is how to provide financial support for your family after you pass away. If you’re near Buford, GA, our team at Town & Country Insurance would appreciate the opportunity to help you find a life insurance policy that’s right for your needs. We’ve been working with clients like you since 2009.

Can I Use My Life Insurance Policy for My Personal Income?

When people buy life insurance, it’s usually to provide funds for their family after they pass away. That said, some people wonder whether they can access part or all of those benefits as a source of income while they’re still alive. Certain life insurance policies are designed with this flexibility in mind. For example, a whole life insurance policy, also known as permanent life insurance, builds cash value over time.

That cash value grows gradually, and policyholders typically have the option to either borrow against it and repay the loan over time or make a direct withdrawal. Universal life insurance policies also offer access to cash value, along with added flexibility in premium payments and death benefit amounts.

Contact Us Today for Your Appointment

Life insurance can offer real peace of mind, knowing your loved ones will be cared for after you’re gone. Our team at Town & Country Insurance has the experience to help assess your life insurance needs. Clients near Buford, GA, have discovered we provide excellent customer service. Call us today to schedule an appointment to discuss your life insurance needs.