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	<title>New answer on: Can You Borrow From Veterans Group Life Insurance?</title>

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		<title>By: Tim Wilhoit</title>

		<link>https://insurancelibrary.com/life-insurance/can-you-borrow-from-veterans-group-life-insurance</link>

		<dc:creator>Tim Wilhoit</dc:creator>

		<pubDate>Thu, 06 Aug 2015 16:22:03 +0000</pubDate>

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		<description><![CDATA[In order to borrow from any life insurance policy, it must be a permanent or cash value policy. Unfortunately, group life insurance in almost all cases are term life insurance and have no cash value. Therefore, there is nothing to borrow from, just a death benefit at the insureds death. This is a great lesson as to why people should always purchase and own their own life insurance policy and view group life insurance as a bonus to heir beneficiaries. Very sorry to be the bearer of bad news. Good luck!]]></description>

		

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		<title>By: Peggy Mace</title>

		<link>https://insurancelibrary.com/life-insurance/can-you-borrow-from-veterans-group-life-insurance</link>

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

		<pubDate>Thu, 06 Jun 2013 20:43:51 +0000</pubDate>

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		<description><![CDATA[Unfortunately, Veterans Group Life Insurance (VGLI) is a lifetime renewable Term policy without cash value. Therefore, you would not be able to borrow from Veterans Group Life Insurance because it does not have any cash value or pay any dividends.
]]></description>

		

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