When you initially applied for life insurance, you probably intended for the coverage to serve as a safety net for your family or a legacy for your beneficiaries. Life insurance's most well-known purpose is to provide a monetary benefit to your heirs upon your death.
However, your life insurance policy can serve you in several ways while you're still alive, too. Whether you're looking to cover unexpected expenses, supplement your income or access funds in a financial pinch, there are options to consider.
