You may be dealing with clients who are drowning in credit card debt. Many who are in this situation may even want to borrow from life insurance to pay off debt. Your role as an advisor is crucial in ...

Life insurance is an important policy to protect your loved ones financially in case of a tragic event. But if your policy has a cash value to it, you can benefit by burrowing from it if the cash ...

A life insurance policy may be used as collateral to secure a loan. If you die before the loan is repaid, the lender will be repaid from the policy’s death benefit proceeds before beneficiaries can ...

Taking out a loan on your life insurance policy can give you a quick infusion of cash, but only if you have the right kind of policy. And even if you can borrow from your policy, that doesn't mean you ...

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Only permanent life insurance policies, such as whole and universal life, offer loan options — term policies do not. Life insurance loans allow policyholders to access cash value without surrendering ...

Permanent life insurance is usually more than a tool helping to offer lifelong financial protection. The cash value component helps offer policyholders a potential wealth-building source.

VA is also increasing the amount that Veteran policyholders are eligible to borrow against the value of their life insurance policies and to adjust the interest rates charged for fixed-rate loans in ...

When shopping for life insurance, you can typically choose between a term life insurance policy or a permanent life insurance policy. Permanent life insurance policies last a lifetime and commonly ...