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	<title>New answer on: Can You Take A Loan From Your Life Insurance?</title>

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		<title>By: David Racich</title>

		<link>http://insurancelibrary.com/life-insurance/can-you-take-a-loan-from-your-life-insurance</link>

		<dc:creator>David Racich</dc:creator>

		<pubDate>Sun, 30 Jun 2013 01:50:28 +0000</pubDate>

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		<description><![CDATA[Borrowing from a cash value life insurance can give you access to cash value life insurance policy loans of gain. Policy loans incur interest charges and every policy charges differently: zero net cost loans, wash loans, spread loans, direct recognition loans and participation loans. There are rules to withdrawals of basic that govern the first 15 years of a life insurance policy, so be aware of it before withdrawing. Withdrawals of basis may be tax free as are loans provided the contract is kept in force for the life of the insured. You may want to withdraw no cost basis rather than incur a policy loan interest charge.
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