Answer:
The given statement is true.
Step-by-step explanation:
Some life insurance policies have cash value and loan value benefits.
Yes this is true.
There are few policies that give cash back at fixed time intervals, suppose say 5 years.
Like if you have a policy of $50,000 for 15 years with cash beach at every 5 years, so you will receive some value after each 5 years.
In large policies, you can also get loan benefits.
