Does the insurance company keep the cash value of life insurance?

1 post

Do I need an ILIT

<img width="570" height="350" src="https://i0.wp.com/innovativeretirementstrategies.com/wp-content/uploads/2022/06/IMG_20200703_205357.jpg?resize=570%2C350&ssl=1" class="attachment-tc-grid tc-thumb-type-thumb czr-img wp-post-image lazyload" alt="Do I need an ILIT" decoding="async" fetchpriority="high" srcset="https://i0.wp.com/innovativeretirementstrategies.com/wp-content/uploads/2022/06/IMG_20200703_205357.jpg?resize=570%2C350&ssl=1 570w, https://i0.wp.com/innovativeretirementstrategies.com/wp-content/uploads/2022/06/IMG_20200703_205357.jpg?zoom=2&resize=570%2C350&ssl=1 1140w" sizes="(max-width: 570px) 100vw, 570px" />

The goal of this post is to show that the insurance company does not keep the cash value in a life insurance policy when you die.

What Happens To The Cash Value When You Die?