US EditionAflac: Should Anyone Borrow Money from a Life Insurance Policy? – TechNewsTab
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Aflac: Should Anyone Borrow Money from a Life Insurance Policy? – TechNewsTab
Permanent life insurance is usually more than a tool helping to offer lifelong financial protection. The cash value component helps offer policyholders a potential wealth-building source. Policyholders can use this cash value by borrowing from it. This can let them recoup some of the premiums paid, like with return of premium life insurance, but without losing lifelong coverage. However, as with any debt, policyholders may be cautious about whet…
Aflac: Should Anyone Borrow Money from a Life Insurance Policy?
Permanent life insurance is usually more than a tool helping to offer lifelong financial protection. The cash value component helps offer policyholders a potential wealth-building source. Policyholders can use this cash value by borrowing from it. This can let them recoup some of the premiums paid, like with return of premium life insurance, but without losing lifelong coverage. However, as with any debt, policyholders may be cautious about whet…
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