Can You Take A Loan From Life Insurance?

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   David RacichPRO

   Fountain Hills, Arizona

   If the permanent life insurance policy has accumulated cash values you can borrow a majority of the funds available. There are interest charges to borrow money from your policy. The are many policy loan interest charging methods like zero net cost loans, wash loans, spread loans, direct recognition loans and participating loans.
     

   Answered on June 29, 2013

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