Borrowing Against Life Insurance

Life Insurance You Can Borrow From

Updated February 14, 2023

If you’re looking for ways to maximize your available cash, while at the same time reducing – or even eliminating – the amount of tax that you’ll have to pay in order to access it, a life insurance policy could provide you with a solution. While many people think of life insurance coverage only for […] Read more

Borrowing Against Life Insurance [Top 11 Pros and Cons You Should Consider]

Updated March 26, 2019

Borrowing From Your Life Insurance Policy’s Cash Value One of the benefits of cash value life insurance such as whole life and universal life is the ability to take out a life insurance loan against the cash value in your life insurance policy. This has been termed “borrowing from yourself,” and while the interest you […] Read more

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