Because cash value life insurance still grows with death benefit, you are able to leave a substantial legacy to your heirs with many tax advantages. Life insurance is the best asset to have when you die.
Because cash value is a part of the death benefit, you will never have more cash value than death benefit, meaning you will always be passing all of your cash value, and usually much more, to your heirs in the form of death benefit.
This makes cash value life insurance a much more powerful asset because of its legacy benefits. Your heirs are able to receive money in one of the most tax-advantaged ways possible.
No other tool works like high cash value whole life insurance for leaving a legacy to families or charities.