![concept-piece-download-70029-working-capital](https://cdn.ashbrokerage.com/uploads/_960x600_crop_center-center_none/concept-piece-download-70029-working-capital.png)
A company that routinely bids for large contracts needs to maintain a large pool of working capital, usually held in conservative assets. The cash value of life insurance can be counted as liquid working capital for bond underwriting and while providing a better return.