In the News

Title

Life insurance loans: Is it smart to borrow from your policy?

Document Type

Article

Publication Date

7-20-2017

Abstract

If you found yourself facing a financial emergency without enough money in savings to cover it, borrowing from your life insurance policy might seem like a good idea.

Your cash-value whole, universal or variable universal life insurance policy can appear a tempting source for a bailout, especially if you’ve been paying into it for years.

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