Do Guardian life insurance policies have cash value?

Yes, Guardian life insurance policies do have cash value. Cash value is the savings component of a whole life insurance policy that accumulates over time. As policyholders pay their premiums, a portion of the payment is allocated towards the cash value. This cash value grows on a tax-deferred basis and can be used in various ways. It can be borrowed against through policy loans to meet financial needs or to pay premiums, while still keeping the policy in force. Additionally, policyholders have the option to cancel the policy and receive the accumulated cash value. Guardian's life insurance policies offer the dual benefit of providing protection for loved ones in the event of death, while also building cash value that can be accessed during the policyholder's lifetime.