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	<title>New answer on: How To Borrow From Life Insurance Plan?</title>

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		<title>By: David Racich</title>

		<link>https://insurancelibrary.com/life-insurance/how-to-borrow-from-life-insurance-plan</link>

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

		<pubDate>Sun, 19 May 2013 14:43:47 +0000</pubDate>

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		<description><![CDATA[Permanent cash value polices have four mortality product platforms: participating whole life insurance and current assumption universal life insurance. Current assumption has three crediting methodologies: interest rates, equity/ bond subaccounts, domestic and foreign indices. Participating whole life has two basic loan provisions: spread loans and direct recognition loans. Current assumption universal life has four loan provisions: zero net cost, wash, spread and participating loans. The cost to borrow your money from your policy will vary depending upon which policy loan provision your life insurance policy uses. It becomes even more critical when you’re using life insurance as a supplemental retirement income vehicle. The loan cost can be as low as zero up to 350 basis points, so it matters. 

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		<title>By: Chris Abrams</title>

		<link>https://insurancelibrary.com/life-insurance/how-to-borrow-from-life-insurance-plan</link>

		<dc:creator>Chris Abrams</dc:creator>

		<pubDate>Sun, 19 May 2013 06:52:38 +0000</pubDate>

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		<description><![CDATA[One of the many benefits of life insurance is the easy process to borrow money from your policy.  Call the insurance company and ask them to send the money to you.  They will send a check or wire the money.  There are no credit applications or credit checks and your employment status does not matter.  Of course you must have enough cash in your policy to borrow from and still keep the policy in-force, but it is an easy process.]]></description>

		

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