Can you access cash from a life insurance policy while you're still alive?

Maybe a silly question, but how do you find life insurance where you can use the cash? I’m sure it’s more complicated than that, but is it hard to get this type of life insurance? Also, are there restrictions or a catch?

If you have a permanent life insurance policy that has accumulated a significant amount of funds in its cash value, you can use that money while you’re alive to pay premiums, take out a loan, or withdraw cash permanently. If you withdraw enough, you’ll surrender the policy.

If someone says you can make money from insurance, it’s a scam, especially with whole life insurance. They might think it’s real, but you’ll lose. They claim you pay for insurance, borrow against it tax-free, and build wealth. In reality, fees eat your money, and you get almost nothing. Avoid it!

Hi, Jason. You purchase “whole life insurance” if you want it to function like a savings account. The prices are substantially higher, yet some individuals believe that term life insurance is a waste of money because the chances of death are quite low.