Can you cash out a life insurance policy before death?

Can you cash out a life insurance policy before death?
Generally, you can withdraw a limited amount of cash from your whole life insurance policy. In fact, a cash-value withdrawal up to your policy basis, which is the amount of premiums you've paid into the policy, is typically non-taxable.

Reference:
Can I Cash in a Whole Life Insurance Policy? | Farm Bureau ...
Feb 15, 2019

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