How Much Can You Borrow On A Life Insurance Policy?

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    David RacichPRO
    Fountain Hills, Arizona
    Cash value permanent life insurance has the potential to accumulate cash. Depending on what life insurance product you purchased, the policy expenses and the policy’s performance will determine if you have money to borrow. Keep in mind that the early years of a cash value permanent life insurance policy have surrender charges that may restrict access to the cash value accounts and there are policy loan charges as well.
     
    Answered on June 13, 2013
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