<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"

	xmlns:content="http://purl.org/rss/1.0/modules/content/"

	xmlns:dc="http://purl.org/dc/elements/1.1/"

	xmlns:atom="http://www.w3.org/2005/Atom"

	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"

	
	>

<channel>

	<title>New answer on: Can Life Insurance Be Used To Pay Off Debt?</title>

	<atom:link href="http://insurancelibrary.com/life-insurance/can-life-insurance-be-used-to-pay-off-debt/feed" rel="self" type="application/rss+xml" />

	<link>http://insurancelibrary.com/life-insurance/can-life-insurance-be-used-to-pay-off-debt</link>

	<description></description>

	<lastBuildDate>Thu, 08 Feb 2024 00:23:46 -0600</lastBuildDate>

	<sy:updatePeriod>hourly</sy:updatePeriod>

	<sy:updateFrequency>1</sy:updateFrequency>

	<generator>https://wordpress.org/?v=6.9.4</generator>


	<item>

		<title>By: David Pipes</title>

		<link>http://insurancelibrary.com/life-insurance/can-life-insurance-be-used-to-pay-off-debt</link>

		<dc:creator>David Pipes</dc:creator>

		<pubDate>Mon, 25 Aug 2014 15:22:55 +0000</pubDate>

		<guid isPermaLink="false">http://insurancelibrary.com/life-insurance/can-life-insurance-be-used-to-pay-off-debt</guid>


		<description><![CDATA[Retiring debts is often the motivation for purchasing life insurance.  Often a lender will require that a life insurance policy name them as a loss payee to make sure that the debt is paid should the person die.  The cash value of the life insurance policy can often retire a debt.  Although no longer a popular concept, using a whole life policy y to provide the protection for a mortgage results in a cash accumulation that can pay off a mortgage well in advance of its completion, saving a great deal of money.]]></description>

		

	</item>


	<item>

		<title>By: Peggy Mace</title>

		<link>http://insurancelibrary.com/life-insurance/can-life-insurance-be-used-to-pay-off-debt</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Mon, 28 Oct 2013 20:14:11 +0000</pubDate>

		<guid isPermaLink="false">http://insurancelibrary.com/life-insurance/can-life-insurance-be-used-to-pay-off-debt</guid>


		<description><![CDATA[Yes, life insurance can be used to pay off debt. Many people buy life insurance to pay off their mortgage, school loans, or other debt if they were to pass away before the debt was repaid. However, the beneficiary of a life insurance policy is free to use the death benefit for other purposes, as well.]]></description>

		

	</item>


</channel>

</rss>

